European equities more cautious at the open

European indices aren't doing a whole lot at the open

  • Eurostoxx flat
  • Germany DAX +0.1%
  • France CAC 40 flat
  • UK FTSE flat
  • Spain IBEX -0.1%

US futures got a bit of a warning shot in the past hour and that is leaving for more cautious tones as we get the session underway. AstraZeneca shares are down 2% as its Phase 3 trial is put on hold amid a setback earlier today here.

In the currencies space, the dollar and yen are a little firmer but the pound is once again the notable mover as it falls to a six-week low against the dollar and euro. Cable is down by 0.4% to 1.2920 levels currently, building on a break below 1.3000 from yesterday.

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