Eurostoxx futures -0.4% in early European trading

Softer tones observed in early trades

  • German DAX futures -0.3%
  • UK FTSE futures -0.5%
  • Spanish IBEX futures -0.5%

The drag in Asia is carrying over to Europe, with Chinese equities closing lower after another weak showing today. The Shanghai Composite index closed down 0.9% while the CSI 300 index ended the day down by 1.0%.

US futures are also reflecting some softer tones with S&P 500 futures down 0.2%.

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