European equity futures didn't quite get the memo
As Asian equities are rallying higher, European investors are taking a leaf out of the US equity futures' book in trading lower to begin the day. E-minis are down around 0.1% at the moment while Treasury yields are flat on the day.
Although the trading day ahead will be centred around central bank decisions, this is an area to keep your eyes on. If something can't rally on good news, it's bound to roll over and fall. And if reports of US and China planning trade talks (postponing tariffs) can't help equities/risk rally, the sour mood could return faster than most of us would like to believe.
