FTSE futures point to a relief rally ahead

UK’s FTSE futures are indicating the UK markets could see a relief rally today following two day sell-off.   

Futures currently trade 1.28% higher at 5991.5 levels. DAX futures are pointing to a higher open as well; trading 1.3% higher at the moment.

The positive action in the FTSE futures has pushed up US S&P futures higher by 1% as well.