·         European Futures u/c to fraction better at the opening.

 

·         US markets closed for Martin Luther King Jr day yesterday.  

 

·         Bank of Japan's latest meeting: The BoJ confirmed that it will shift its inflation target to 2% from 1% and introduces an 'open ended' programme of asset purchases. This will begin when the current programme concludes at the beginning on 2014,  as a result it triggered a mixed market reaction. Both the Nikkei and yen reversed their initial moves.

 

·         EU finance ministers meet in Brussels & ECB’s Draghi speaks after market in Frankfurt. BOE’s King speaks in Northern Ireland.

 

·         The Spanish Treasury will auction as much as €2.5bn of bills today; The Treasury to sell 3- and 6-month bills at auction with the results to be published at about 10:40 a.m.

 

·         EU finance chiefs today are set to approve the design of a financial-transaction tax

 

·         Euro area finance ministers gave green light to EU9.2b in aid loans to Greece, according to 3 European Union officials

 

·         Portugal outlook remains negative by S&P; ratings affirmed

 

·         Moscow Exchange Said to Shun London for $500m IPO at Home

 

·         Acciona wins $200m contract to expand a desalination plant in United Arab Emirates

 

·         BG Exposed to Opportunistic Bids as Company’s Stock Dips;