European indices hold slightly higher at the balance to start the day ...Middle East

Eurostoxx +0.3%Germany DAX +0.3%France CAC 40 +0.4%UK FTSE -0.1%Spain IBEX -0.1%Italy FTSE MIB +0.1%

The opening gains yesterday were fleeting but so far, we're not getting much of that yet today. US futures are also a little higher with S&P 500 futures up 0.2% currently. All that being said, the light bounce today is a shallow one and there's a feeling that selling pressures can creep back in at any time. That especially as we get closer to the Wall Street open later.

This article was written by Justin Low at www.forexlive.com.

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