European stock markets slowed down in the middle of the session after a positive start in the wake of the rebound in Chinese stock markets. Futures on Wall Street are also keeping pace, with that on the Dow Jones down by 0.1%.
Caution seems to prevail among investors after expectations for a rate cut already at the beginning of spring were reduced. On the price lists we also look at the quarterly reports which continue to arrive with BP promoted (+5.5%) and UBS rejected (-2.3%)