European equities reserve caution to start the day

  • A slight setback to the gains yesterday

  • Eurostoxx -0.6%
  • Germany DAX -0.6%
  • France CAC 40 -0.6%
  • UK FTSE -0.2%
  • Spain IBEX -0.3%
  • Italy FTSE MIB -0.5%

This comes as US futures are also lower as risk sentiment is observing more caution ahead of Trump’s tariffs announcement later today. As a reminder, the announcement will be at 2000 GMT (4pm ET) so it will come well after the European market close and right at the US market close.

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