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US Index Futures Crawl Back to Unchanged

EQUITIES

US equity futures now back to unchanged after nursing losses for much of the European morning. E-mini S&P now flat on the day at 3394. No headline driver for the modest recovery in stocks, but is coming alongside modest uptick in US10y yields - which are close to Tuesday's best levels and just shy of yesterday's 0.7817.

3400 marks first resistance for the Dec-20 e-mini S&P and a break above would expose 61.8% Fib of the September downtick at 3438.09.

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