European equities slightly lower at the open

  • Sluggish tones in early trades
  • Eurostoxx -0.4%
  • Germany DAX -0.3%
  • France CAC 40 -0.4%
  • UK FTSE -0.3%

Equities are looking to be on the defensive to start the session, with US futures also slumping to fresh lows on the day now. S&P 500 futures are down 0.7%, Nasdaq futures down 0.7%, and Dow futures down 0.6%.

The dollar is broadly bid across the board and that is keeping risk on edge as European traders continue to take to the hot US CPI data yesterday.

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