• German DAX futures flat
  • UK FTSE futures +0.2%

That said, we are seeing risk tones pick up a little as S&P 500 futures are now up 16 points, or 0.4%, to the highs for the day. That comes after a fairly flattish start in Asia trading earlier. It's still early in the day though as the US CPI data release will be the main decider in setting the tone for the rest of the day/week.