Asian markets slightly lower having been higher earlier in the session, with expectations high that the BOJ will add further stimulus measures tomorrow at their policy meeting. Shares in property developers in Hong Kong fell after the government introduced it's first property tax aimed at overseas buyers, whilst Japan's largest mobile phone maker NTT Docomo fell almost 8% after warning on profits.

In Europe, Greece will describe to its European partners the progress it is making in implementing its delayed reform program in a conference call with European finance ministers on Wednesday. For economic data look out German CPI data. European equity futures are looking slightly lower with the Euro pretty much unchanged from Friday's close.

Markets will be closed in the US today, after the S E C decided to suspend trading in equities to protect workers as hurricane Sandy approaches NY, gasoline futures are trading higher on such.

Philip Ball | Sales and Trading