Softer tones seen in early trades in Europe

  • German DAX futures -1.0%
  • French CAC 40 futures -1.0%
  • UK FTSE futures -0.9%
  • Spanish IBEX futures -1.1%

Much of this here is catch up to the losses sustained in US equities overnight. The massacre in US stocks came towards the close and European equities - although closed lower - were spared from a massive beating as they ended the day earlier. But still, the negative tones show that there isn't much to change risk sentiment for the better on the day.

Maybe markets need some help from Tariff Man: