Asian markets are mixed this morning, with the Nikkei again under relative pressure, China's Shanghai Composite was up strongly boosted by a rally in commodities but there is an ongoing investigation into an unusual move when the index rose 5% in around 90 seconds. Q2 GDP data is due out of Hong Kong, with the Hang Seng modestly higher prior to such.

European equity futures are lower by around 30bps after indices posted losses yesterday. Today we have Eurozone current account and CPI data.

US markets were sharply lower yesterday after better expected employment data raised concerns that the Fed would begin to taper their asset purchases soon. Today we have housing data and consumer confidence.

Philip Ball | Sales and Trading