European indices hold lower to kick start the day

  • The risk mood is under some pressure to start the session
  • Eurostoxx -0.3%
  • Germany DAX -0.4%
  • France CAC 40 -0.1%
  • UK FTSE -0.2%
  • Spain IBEX -0.4%
  • Italy FTSE MIB -0.8%

This comes as US futures are also lagging on the day. S&P 500 futures are down 0.6% with Nasdaq futures down 0.8% and Dow futures down 0.4% currently. The slight bounce yesterday is running into a bit of trouble again as the selling from earlier this week continues to run its course. US data will remain in focus later in the day, with PPI and weekly jobless claims on the agenda.

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