The softer risk tones reverberate to Europe in early trades
- German DAX futures -0.5%
- French CAC 40 futures -0.6%
- UK FTSE futures -0.4%
This is mostly reflective of the sentiment seen in US equity futures, which are down by 0.4% currently. The risk mood is mainly affected by lingering US-China trade tensions as China responded with a firm message that it does not want to sit down to negotiate so long as the US remains 'insincere' in trade talks.