Asian markets are marginally higher this morning, on very light volume. European equity futures are pointing to a slightly negative open after markets closed at near session highs yesterday.

Markets are likely to remain thinner than normal with the US market closed, and market players awaiting key interest rate announcements tomorrow from the ECB and BOE. The major news this morning out of Europe is that Reuters reports that the deal on Spanish bank aid may be delayed until July 20th, to allow more time for negotiations.

 

 

Posted by Philip Ball | Sales and Trading