Asian markets are weaker again this morning on perceived lack of action from central banks following the BOJ's announcement to keep the existing stimulus plan in place. Japanese machinery orders released this morning came in lower than expected whilst there was a small improvement in Australia's consumer confidence.

European equity futures are lower by around 30bps today after indices moved sharply lower yesterday. Today we have German and French CPI, Erurozone Industrial production and UK jobless data.

US markets closed towards session lows, and were convincingly below the critical 1640 level on the S&P. 

Philip Ball | Sales and Trading