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Dow Jones futures under further pressure heading into the ECB decision
It is not long now until the ECB will release the outcome of their policy decision (1.15pm GMT) and ahead of that the US equity futures are falling further into the red. Of course there is not necessarily any connect between what the ECB delivers and how the US markets trade later today. At the same time we should remember, that markets are falling back ahead of the US PPI report, due shortly after the ECB, at 1.30pm GMT. The Dow Jones futures are now near session lows and just now pricing the reopening at below 38,300. The index closed last night at 38,461. The S+P 500 and Nasdaq 100 futures are facing further selling pressure now too.
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