Sluggish tones observed in early trades
- German DAX futures -0.1%
- French CAC 40 futures +0.2%
- UK FTSE futures -0.1%
- Spanish IBEX futures +0.1%
This very much feeds into the indecisive/mixed tones seen in Asian trading but the magnitude of the moves reflects that of US equity futures, which are trading flat, for now. The tone here is helping to keep currencies steady with USD/JPY near unchanged levels at 111.07.
