At 3:30 AM ET (0730 GMT), the DAX in Germany traded 0.8% lower, France's CAC 40 fell 0.6%, the U.K.'s FTSE index was down 0.7%. However, fears are mounting
At 3:30 AM ET (0730 GMT), the DAX in Germany traded 0.8% lower, France's CAC 40 fell 0.6%, the U.K.'s FTSE index was down 0.7%. However, fears are mounting that the removal of these restrictions may have come too quickly and a second wave of the Covid-19 virus is on its way. The key economic indicator due for release Wednesday will be the influential German Ifo Business Climate survey for June, at 4:00 AM ET (0800 GMT), which is seen recovering. At 2 AM ET, U.S. crude futures traded 0.1% higher at $40.42 a barrel. The international benchmark Brent contract rose from 0.84 to $42.80.Elsewhere, gold futures rose 0.2% to $1,785.55/oz, while EUR/USD traded at 1.1300, down 0.1%.