Calmer tones observed in early trades
- German DAX futures +0.4%
- UK FTSE futures -0.2%
- Spanish IBEX futures +0.1%
The better performance in Wall Street yesterday is feeding to some added calmness to start the day, with US futures up ~0.1% and off earlier lows as we get the session underway.
European stocks will also have to take cues from the ECB today, in which the market is keeping a keen focus on whether or not the central bank - and Lagarde herself - is going to jawbone the euro later during the session.