European equities not pointing any which way to start the day

Eurostoxx flatGermany DAX +0.1%France CAC 40 flatUK FTSE +0.3%Spain IBEX +0.3%The mood is indicative of investors searching for direction as the market needs to sort out the prospect of rising yields amid more hawkish central bank vibes since last week. The feeling is that things are rather pensive