European indices marked lower at the open today
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- Eurostoxx -0.8%
- Germany DAX -0.8%
- France CAC 40 -0.8%
- UK FTSE -0.3%
- Spain IBEX -0.7%
- Italy FTSE MIB -0.8%
The late selling in US trading yesterday has knocked down dip buyers and that is leaving a more defensive mood as we look towards the final stages of the week. US futures are also lower, with S&P 500 futures down 0.2% and Nasdaq futures down 0.4%. It’s still early in the day and we do have the US PCE price index to watch out for later before Wall Street enters the fray.
This article was written by Justin Low at www.forexlive.com.
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