Not much direction in early trades

  • German DAX futures -0.2%
  • French CAC 40 futures -0.1%
  • UK FTSE futures -0.1%
  • Spanish IBEX futures flat

Very much mirrors sentiment seen in US equity futures, which are trading 0.1% lower at the moment. After the release of Chinese industrial output growth earlier - which was the weakest in 17 years - there isn't much optimism for equities to be working with today.