- German DAX futures +0.3%
- UK FTSE futures +0.1%
European equities can take heart in the fact that Wall Street is still continuing to pump up the mood, with another round of gains to start the new week yesterday. US futures are more tentative today though, keeping flattish for now. Euro area PMI data will be in focus but watchful eyes will be on the one from US to size up the economic/Fed outlook. As a reminder, the onus is now on US data to prove markets wrong about their pricing on the Fed and the US economy.