Eurostoxx futures -0.3% in early European trading

  • A more cautious mood with the Fed in focus today
  • German DAX futures -0.1%
  • UK FTSE futures flat

French stocks are the ones set to lead the declines in Europe after Kering warned of a 10% revenue drop in Q1, led by Gucci. But overall, there is also a more cautious mood but that has been helped slightly by softer UK inflation data. US futures were marginally lower earlier but are now flattish after the data.

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