European indices marked down at the open today

  • The focus turns back to trade as Trump is set to send letters to countries on tariffs
  • Eurostoxx -0.6%
  • Germany DAX -0.2%
  • France CAC 40 -0.8%
  • UK FTSE -0.3%
  • Spain IBEX -0.5%
  • Italy FTSE MIB -0.1%

This comes with S&P 500 futures seen down by 0.3% as well. The Globex is still open for a while more but as a reminder, US markets are closed today in observance of the 4th of July weekend. The overall risk mood is leaning to the more cautious side as Trump is stirring up the tariffs focus again, reaffirming that countries will be slapped with a step up in tariffs on 1 August.

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