Flattish tones observed in early trades

The hints of optimism in the equities space is starting to fade a little somewhat. Although E-minis are holding up trading 0.4% higher, Chinese stocks have given up gains and have now moved lower on the day. The Hang Seng index and Shanghai Composite index are both trading at the lows down by 0.5% and 0.8% respectively and that is making for some indecisive tones here for European equity traders.