Tepid tones noticed in early trades

  • German DAX futures -0.1%
  • UK FTSE futures +0.1%
  • Spanish IBEX futures +0.1

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European equities closed decrease yesterday, lacking out on the late push in US shares following experiences that Congress is to try to restart stimulus talks once more.

I would not maintain my breath on any quick optimistic developments on that however that’s maybe lending to some catch-up for European equities to begin the session.

Elsewhere, US futures are nonetheless down on the day with S&P 500 futures seen decrease by 0.5% (however properly off earlier lows from the beginning of the day) amid the spat between the US Treasury and the Fed in offering extra support to the economic system previous the year-end.