European bourses are expected to trade slightly weak on Tuesday, despite the strong positive sentiment on Monday as warnings by Moderna CEO on the efficacy of vaccines against the new variant led to the Asian market giving up much of the earlier gains. The uncertainty regarding the vaccines could lead to markets pricing in some of the risks, especially given the alarming coronavirus situation in many parts of Europe.
The CAC Futures (December) is trading 1.33 percent lower. The DAX Futures for December is trading 1.53 percent lower. The FTSE 100 futures for December are trading 1.03 percent lower.
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