European and US stock futures are little changed on Wednesday, pointing to a soft start to the session in the Old Continent. This at a time when investors remain focused on inflation data in the United States, to be known on Thursday, which should influence the outlook for the evolution of the Federal Reserve’s monetary policy and the timing of the start of the withdrawal of stimulus to the economy.
In China, producer prices in May reached the highest increase since 2008, while consumer prices grew less than estimated.
In the Asian session, China’s Shanghai Composite rose 0.2%, Japan’s Topix was down 0.2%, South Korea’s Kospi retreated 0.7% and Hong Kong’s Hang Seng slid 0.2%.
Euro Stoxx 50 futures are up a slight 0.1% while S&P500 futures are unchanged.
