Flattish tones observed in early trades

  • German DAX futures -0.1%
  • French CAC 40 futures flat
  • UK FTSE futures -0.1%

This mainly mirrors sentiment seen in US equity futures, which are trading at flat levels at the moment as we begin the session. It's very much a countdown to the FOMC meeting so I wouldn't expect any major moves to follow in the European morning.