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Dow Jones futures off the boil now and here is what data is due this afternoon

Earlier today we had the December flash PMI service and manufacturing sector indexes from France, Germany, the EU and the UK. Later today we will get the same from the US at 2.45pm GMT. Ahead of that, at 1.30pm we get the latest Empire manufacturing index (New York area) also for December. This is expected ti come in weaker than last time, at around 2.1, compared to 9.1. Then at 2.15pm GMT we get the November readings on Industrial production and capacity Utilisation. Ahead of all that lot, the Dow Jones futures have come off the boil. Earlier this morning they were pricing the reopening close to 37,400. They are now pricing it closer to 37,350. So, whilst still elevated relative to the close last night, not quite so much now. Also to note; the DAX and FTSE 100 have fallen back further since my last update and now the FTSE 100 is testing that 7,600 mark, as the DAX does the same with the 16,800 handle

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