Eurostoxx futures +0.3% in early European trading

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.

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