Softer risk tones continue to play out in early trades

  • German DAX futures -0.8%
  • French CAC 40 futures -1.0%
  • UK FTSE futures -1.0%

The risk-off mood over the past few sessions is still carrying over, and that is helping the likes of the yen and dollar to hold slightly firmer to start the session.

US futures are down by about 0.4% while 10-year Treasury yields are down by 3 bps to 0.62% as we begin European morning trade. USD/JPY is near the lows at 106.80 while the aussie remains pressured amid the weaker risk tone and softer jobs report earlier today.