A more cautious mood greets European stocks with the Fed in focus

  • French luxury stocks are lagging after Kering warns of a 10% revenue slide in Q1
  • Eurostoxx -0.2%
  • Germany DAX -0.1%
  • France CAC 40 -0.7%
  • UK FTSE -0.1%
  • Spain IBEX flat
  • Italy FTSE MIB flat

US futures are also marginally lower, down by 0.1% as the session gets underway. For today, the overall mood is likely to be more cautious and muted until we get to the Fed later.

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