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%.