Asian markets are mixed this morning, the standout mover being the Nikkei down around 1% as the BOJ hold the first day of their 2 day policy meeting. The Yen strengthened after comments from an Abe advisor said that the BOJ should slow easing if the currency weakens too much, as a result the exporters were hardest hit.

In Europe, equity futures little changed, with leaders of the Eurozone due to meet on debt talks. German Producer Prices have just been released down 0.3% vs expectations of a 0.1% fall.

US markets closed at their highs on Friday after strong earnings from GE and Morgan Stanley. Markets are closed today for a public holiday.

 

Philip Ball | Sales and Trading