Modest gains in early trades
- German DAX futures +0.6%
- UK FTSE futures +0.6%
- Spanish IBEX futures +0.7%
In Asia, the Nikkei closes down by 0.7% as the retreat continues in Japanese stocks after a test of the February highs for the index. In China, the Shanghai Composite is up 0.4% at the highs for the day going into the final hour of trading.
Elsewhere, US futures are up roughly 0.3% to 0.4% so that is helping to keep a calmer tone as well to kick start European trading.