European indices turn lower, US futures see gains slowly trickle away

• Eurostoxx -0.5%
• Germany DAX -0.2%
• France CAC 40 -0.7%
• UK FTSE -0.4%
• S&P 500 futures +0.3%
• Nasdaq futures +0.2%
• Dow futures +0.3%

For some context, Nasdaq futures were up roughly 2% in the handover from Asia to Europe. And S&P 500 futures were up around 1.4% then. It’s been a steady decline since as the air of optimism continues to become thinner during the session.

In FX, the dollar is still largely steadier across the board though. That said, USD/JPY may be up 0.3% to 144.65 but is well down from 146.20 at the start of European morning trade.

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