Updated 5:20am EST – With the exception of Spain, European equity markets are all in positive territory. The British pound is taking a beating after the Bank of England released the latest inflation report. US equity futures remain slightly higher on the session. US treasuries are gaining strength, trading higher on the session. Commodities are generally unchanged, while crude is trading just above the $80/barrel level. In the currency markets, the British pound is showing significant weakness. The Japanese yen is currently leading all majors.
