• German DAX futures -0.2%
• UK FTSE futures flat

This follows from the bounce yesterday, though late on in US trading the recovery was mostly led by tech shares. S&P 500 futures are now down 0.5%, with Nasdaq futures down 0.7% and Dow futures down 0.3%. All in all, it’s pointing to a softer mood with some caution still to be heeded. Later in the day, we will have US PPI data to work with after the CPI report yesterday here.

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