This mirrors sentiment seen in Asian trading today
- German DAX futures -0.2%
- French CAC 40 futures -0.2%
- UK FTSE futures -0.2%
It's also similar to the mood in US equity futures, which are down by about 0.2% in trading so far. This all comes despite the euphoria in Wall Street overnight but I wouldn't look too much into it. At the end of today, key earnings releases will determine how risk/equities operate so I wouldn't say that we're headed towards risk-off territory just yet in the European morning.