Futures fall as U.S. dollar rises to one-month high

European equity futures as well as Asian stocks fell on Tuesday as comments by a European central bank (ECB) member on steady interest pushed dollar to one-month high, Bloomberg reported.

European stock-index futures fell 0.6 per cent and FTSE futures declined 0.3 per cent, extending a decline in the prior session, while U.S. futures also traded in the red as Nasdaq 100 futures dropped by 0.6 per cent.

“It’s probably too soon to position for the next leg down move in yields just yet,” said Amy Xie Patrick, head of income strategies at Pendal Group.