Asian markets mixed this morning, Japan and China pretty much flat, Australia almost 1% better, with manufacturing indicators in Japan and China both beating forecast. The Euro has given up some of Fridays gains this morning to trade around 1.262.

European Equity futures are indicating a slightly higher opening, but with the US markets closed half day Tuesday and all of Wednesday for Independence Day, trade is likely to be thinner than usual.

Debt auctions due this morning, 4bn Euros of Dutch Bills and 8.3bn Euros of French Bills.


Posted by Philip Ball | Sales and Trading