Flatter tones observed in early trades to begin the day

  • German DAX futures +0.1%
  • French CAC 40 futures +0.2%
  • UK FTSE futures +0.1%

This also reflects in part mild positive tones in US futures with E-minis up by around 0.2% to start the session. That said, I would argue that sentiment remains more flat as markets are waiting on the release of US Q2 GDP data before reaffirming further moves today.