Tepid tones in early trades
- German DAX futures -0.2%
- Spanish IBEX futures -0.2%
This carries over the slightly softer tone from Asia, with the Nikkei ending down by 1.0% and the Topix falling by 1.1%. The Hang Seng is down 0.6% though mainland Chinese equities have pared earlier losses, with the Shanghai Composite now up 0.1%.
US futures are muted but just be aware that the cash market will be closed in observance of Memorial Day today.