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Stocks Flat-to-Lower in Early Trade

EQUITIES
  • European stocks get off to a soft start, following the lead of Asia-Pac indices. FTSE lags, down 0.2%, while EuroStoxx50 is broadly flat.- Financials are the early underperformer, with consumer staples not far behind.
  • In futures space, EuroStoxx futures hold close to the post-GFC high at 3942, about 0.5% above the current price.
  • US banks in focus this week with the beginning of Q2 earnings season.
  • JPM, GS, BofA, MS among others all cross from tomorrow onwards.
  • Full schedule here: https://roar-assets-auto.rbl.ms/documents/9444/MNI...

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