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 Bloomberg flashed Biden’s capital gains tax story on its 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.