Waiting for trade clarity, markets await updates on the trade war. The pboc says it has space to na manufere if needed. And new pickup line, elon musk looks to entice new buyers as he unveils an electric powers cyber truck that can with stand a sledgehammer but not metal balls, apparently. Lets take a look at whats going on in equity Index Futures this morning. It was a muted and mixed trade over in asia. As we finish the session,s the holding up in that sense. We do see here in europe not Much Movement on the continent. Dax up. 4 of a percent. It had been down to 129 926. Now its coming down to 129. 6. But as the pound loses ground, its futures gain. Still only one or. 2 of 1 . But its early in the session. Down dayld turn into a for u. S. Stocks. Christine lagarde making her first well, her Second Public speech as e. C. B. President in an hours time. But it should be the first on monetarily policy. At least we hope so. Banking integration and renewed calls for fiscal stimulation. For
, because it is the trade war the bond market is sparking fear of a recession. That is a new situation. It is scary for us. There arermakers says provisions for brexit as Boris Johnson has to brussels following another defeat in parliament. Ppi bites. A late surge in insurance claims putting pressure on a promise of a buyback. Good morning, everybody. Welcome to the European Market open. This is what things look like in terms of the futures picture. Down attempt of a percent on the dax. If you are looking at u. S. Futures, we see downside. We have been asking this morning how much further can we rally on global stocks . Rally onfurther can we optimism around trade given we dont see any new developments . Progress is being made, perhaps we need another newsline to mo us from that. Suck about whats going on in the asian equity session. This is the gmm section function on the blue bird. A mixed picture for the asian markets. Quite a diversion performance coming through. South korean marke