European indices hold slightly lower at the open today

• Eurostoxx -0.1%
• Germany DAX -0.3%
• France CAC 40 -0.1%
• UK FTSE flat
• Spain IBEX -0.6%
• Italy FTSE MIB -0.2%

There was some relief yesterday as Trump’s first orders weren’t too focused on tariffs. Stocks cheered that on but the mood music has now quickly shifted after Trump delivered a fresh warning overnight to Canada and Mexico. That’s a signal that tariffs are not quite forgotten just yet, even if they may be watered down a bit. US futures are keeping steadier though, with S&P 500 futures up 0.1%. So, it’s not all bad.

This article was written by Justin Low at www.forexlive.com.