LIVE MARKETS Dip-buying Tuesday? | Reuters

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DIP-BUYING TUESDAY? (0712 GMT)

European shares look set for some kind of a rebound this morning as rising futures for the main benchmarks show investors are ready to buy at least some of yesterday’s dip.

On that note, Marko Kolanovic, chief global markets strategist at JPMorgan wrote yesterday that Wall Street’s recent sell-off presents a buying opportunity. read more

Euro STOXX 50, DAX, FTSE and IBEX futures are up between 0.1% and 0.4% but on Wall Street, futures are still slightly in the red.

Rising yields are indeed keeping the pressure on equity markets and investors still very much focused on Wednesday’s U.S. inflation data with the headline CPI seen climbing to 7% year-on-year.

(Julien Ponthus)

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