Slightly softer tones observed in early trades
- German DAX futures -0.4%
- UK FTSE futures -0.5%
This largely mirrors the mood in US futures, with S&P 500 futures seen down by 0.5% as we get things going on the session. The risk mood is tilted slightly more on the defensive side but much like yesterday, the dollar is once again struggling a little.
EUR/USD is near session highs of 1.1880 with USD/JPY easing to just under 104.00.