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Monday, June 14, 2021

Eurostoxx futures -0.3% in early European trading

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A bit of catch up to the US cash market in early trades

  • German DAX futures -0.3%
  • UK FTSE futures -0.4%
  • Spanish IBEX futures flat

European indices closed with solid gains yesterday, all before the panic struck US equities after a second airing on Biden’s capital gains tax story flashed across Bloomberg terminals.

As such, there is some hint of a catch up play here but that is somewhat helped by US futures keeping calmer today. S&P 500 futures are up 0.2% to start the session.

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