Eurostoxx futures -0.5% in early European trading

  • Softer tones in early trades
  • German DAX futures -0.5%
  • UK FTSE futures -0.2%

This is in part a reflection of the drop in Wall Street after the FOMC meeting yesterday, with overall risk tones still rather iffy. The indecision reflected in the S&P 500 chart remains a pivotal one to watch in my view, as we look towards year-end:

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