A softer touch in early trades
- German DAX futures -0.4%
- French CAC 40 futures -0.3%
- UK FTSE futures -0.3%
- Spanish IBEX futures -0.2%
This reflects the overall softer mood in Asia as well as Wall St overnight as the Fed disappointed investors hoping for a stronger conviction for more rate cuts in the coming months. US futures are also a tad softer, though off the lows with E-minis down by just 0.1%.
Despite the softer mood here, it isn't really translating to much direct influence on major currencies as yields and the dollar are still the major focus for the time being.
