Eurostoxx futures -0.8% in early European trading

  • A more cautious mood after the slight retreat yesterday
  • German DAX futures -0.8%
  • UK FTSE futures -0.5%

This mirrors the softness in US futures, which are also down 0.3% on the day. Wall Street also retreated yesterday but that owed much to a fall in tech shares. Geopolitical tensions are weighing of course but also as the US-China "deal" still has a lot of ambiguity to it. On the latter, be on the look out for comments from Chinese officials in the next hour or so.

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