US and European Future slips over half percent … IMD monsoon soon forecast at 1pm 2day
· Stocks in Europe edged marginally lower while American equity-index futures retreated as investors scoured corporate earnings to gauge the impact of the coronavirus outbreak. Shares in Tokyo erased earlier losses to finished little changed. Chinese and Hong Kong stocks slipped, while Australian equities fell as a record slump in consumer confidence reminded investors of the impact of the pandemic on spending. Both European and US Future declined half percent each.
· However, Indian markets is waiting for monsoon forecast today at 1pm by IMD
