Not much direction in early trades in Europe
- German DAX futures flat
- French CAC 40 futures +0.1%
- UK FTSE futures -0.1%
- Spanish IBEX futures flat
This very much mirrors the mixed sentiment we're seeing in Asian trading so far with stocks pulling off a late rebound after having traded lower for majority of the session. US equity futures remain subdued with E-minis up by just 0.1%.
Overall, risk tones remain relatively subdued as markets continue to search for direction and that's not really helping currencies find their way as we begin the European morning. USD/JPY sits near unchanged levels at 111.17 currently.