Asian markets are slightly firmer this morning with the Nikkei reversing losses from earlier in the session. Singapore's economy grew more than expected for the quarter with a smaller than expected contraction in manufacturing.
In Europe, equity futures are looking around 30bps firmer after bourses moved sharply lower yesterday. Today we have key data out of Germany with GDP and IFO.
In the US, Hewlit Packard released earnings after the close last night which came in better than forecasts, the company raised full year guidance, the stock traded 5% higher after hours. Today Abercrombie will release earnings and there is no economic data to speak of.
Philip Ball | Sales and Trading