Eurostoxx futures -0.6% in early European trading

  • The pressure stays on equities ahead of the open
  • German DAX futures -0.6%
  • UK FTSE futures -0.4%

This comes after the retreat in Wall Street yesterday, with US futures also tilting lower at the moment. S&P 500 futures are down 9 points, or 0.2%, and that is setting up for a softer open in Europe. The pressure is continuing as bond yields are nudging higher, with 10-year yields in the US closing in on the 5% mark.

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