Eurostoxx futures -1.1% in early European trading

  • The heavy declines in Wall Street overnight are weighing
  • German DAX futures -1.3%
  • French CAC 40 futures -0.7%
  • UK FTSE futures -0.6%

European stocks were somewhat spared in trading yesterday, so there is an element of catch up in the day ahead. It's been a wild week of swings, especially for the DAX amid German political developments as well. Still, even with the indicated drop later, it is poised to finish higher on the week with near 4% gains coming into today.

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