Asian markets are mixed this morning, with the Nikkei lower by over 1% after being higher earlier in the session after releasing GDP figures showing the largest growth in the past year. Financial stocks were the leading loser sector. Elsewhere, China is higher by over 1% despite data showing foreign investment unexpectedly falling in April.

In Europe, futures are little changed after gains yesterday, as the bulk of growth data released yesterday disappointed and with it the Euro came under further pressure on talk of further easing. Today we have Eurozone CPI and trade balance data.

US markets closed higher but off session highs, to stand at fresh all time closing highs. Today we have inflation data which may give clues on near future monetary policy moves, along jobless and Philly Fed data.

Philip Ball | Sales and Trading