Eurostoxx futures -0.2% in early European trading

  • Tepid tones in early trade
  • German DAX futures -0.1%
  • UK FTSE futures -0.1%

This reflects the softer mood seen in US futures, with S&P 500 futures down 0.4% on the day currently. That is keeping the dollar lightly higher on the day as well but changes in FX remain rather meh overall. PMI data will be a focus point in the next hour or so and we'll how that impacts risk sentiment in Europe.

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