Merkel and Hollande are due to meet today, so expect ongoing  commentary on efforts to solve the EU debt crisis, meanwhile EU’s Juncker has said that Greece faces its last chance and does not support a third aid package for the country. Look out for European PMI data over the first hour of trading. European equity futures are looking around 70bps higher, whilst the Euro is not far from recent highs at 1.253.

 

Posted by Philip Ball | Sales and Trading