Flattish tones observed in early trades
- German DAX futures flat
- French CAC 40 futures flat
- UK FTSE futures +0.2%
The more or less flat tones largely mirror that of US futures, which are barely changed on the day as we begin European morning trade.
The overall risk mood remains more balanced with bond yields also keeping near flat levels for the time being and that is leaving USD/JPY near unchanged levels at 108.85.
