Eurostoxx futures -0.2% in early European trading ...Middle East

German DAX futures -0.1%French CAC 40 futures -0.3%UK FTSE futures -0.1%

This comes with US futures also losing steam, with S&P 500 futures now down 0.4% on the day. Trump provided some optimism earlier in the week that he will be "very nice" to China and that tariffs will come down. But yesterday, he said when that will happen depends on China picking up the phone. And that doesn't look like it will happen: Why China's Xi will not call Trump

This article was written by Justin Low at www.forexlive.com.

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