Asian markets mixed, with Japan leading the way up around 1.6% and China lower by around 1%. Japan’s rise in equities was boosted by further weakness in the Yen as the currency made an 8th month low.

In Europe, according to a document the Greek aid of 49.1bn Euros will be paid in 4 tranches until March 2013. Today we have Bloomberg economic survey data out of the Eurozone. European equity futures are looking flat in early trade.

In the US, at the FOMC meeting last night the Fed announced that it will keep interest rates at close to zero until unemployment falls below 6.5%, it also increased its third round of QE to $85bn per month as operation twist winds down at the end of this month. Markets initially rallied on the news but the sold off, futures are looking unchanged. Today we have retail sales and weekly jobless claims data.

Philip Ball | Sales and Trading