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In Europe, markets posted strong gains buoyed by positive survey data out of Germany. Today we have German producer prices, CPI for both Germany and France, Italian Industrial orders and in the UK, jobless claims and BOE minutes. Accor, Lafarge, Credit Agricole, France Telecom, Cap Gemini and Billiton have all released earnings.

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Asian markets are slightly lower this morning, with China's Shanghai Composite the main loser down over 1%

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Asian markets firmer, boosted by Japan's Nikkei up almost 2% on a weaker Yen after G20 finance leaders avoided criticism of the country's efforts of stimulus. Trading in China resumed after markets have been closed for the past week, with the Shanghai Composite almost 1% lower after holiday retails sales rose at their slowest pace in 4 years.

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Asian markets are weaker this morning on profit taking. The Nikkei was down around 2% at one stage with the Yen falling back down through the 93 level. Kirin Holdings, Japan's largest drink maker, fell around 5% after the company said that profit growth would be lower than forecasts.

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Asian markets are higher again, with Hong Kong's Hang Seng looking set to close at 18 month highs. Japan released their quarterly GDP numbers which came in lower than expected with a contraction of 0.4%, reinforcing the argument for increased stimulus. Japanese brewer, Asahi Group, rose almost 8% after better results and a share buyback announcement. Elsewhere, South Korea kept their benchmark interest rate unchanged at 2.75%.

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Asian markets firmer with the exception of the Nikkei which trades just over 1% lower on a stronger Yen. Elsewhere, Australian and Korean markets surged higher with the former posting multi year highs after consumer confidence climbed the most in almost 2 years.

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In Europe, equity futures are pointing to a loss of around 30 bps. There is some market talk that G7 leaders will make an announcement ahead of the G20 summit in Moscow later this week, in an effort to calm fears over the threat of a global currency war. Today we have UK CPI, RPI and PPI. Barclays have reported their quarterly earnings.

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A couple of chart patterns that have emerged in the past week or so that are worth considering, firstly on the DAX….. the index was the first to start its underperformance and now sits down on the year, over the past week a pennant formation has been building and a significant break of the 7600 level would signal a continuation of the prior trend with a move equating to the move prior to the pennant, in other words we could see prices towards the 7400 level. On the US indices it is worth noting

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Many Asian markets are closed this morning, but notably Indonesian and Phillipine markets made fresh highs whilst Australia's ASX was little changed at highs not seen since 2010 after US markets made fresh highs on Friday.

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US markets shrugged off early losses, aided by a strong move higher from Apple. Today we have Trade balance numbers and wholesale inventory data. Moody's (71c) and AOL (54c) among names reporting today.

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Asian markets were lower this morning dragged by China's Shanghai Composite and the Nikkei, with the Yen slightly firmer. In Japan, camera maker Nikon fell almost 20% after cutting their profit guidance whilst Mazda climbed over 10% after raising theirs. Australia's equity market reversed early session losses after releasing better than expected employment data.

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Asian markets rallied this morning boosted by the Nikkei after a rise of almost 4%, after Toyota raised their profit guidance to levels not seen in 5 years, the stock rallied 5%. Elsewhere, the Australian dollar fell to year lows after data released showed a fourth consecutive monthly drop in retail sales.

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Asian markets are sharply lower this morning on renewed concerns over the Eurozone and a couple of notable earnings disappointments. HTC fell around 7% after releasing revenues below forecasts and Hitachi fell 6% after lowering their operating profit forecast for the year by some 13%.

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Asian stocks rose to their highest level in 18 months on the back of stronger global economic data. China released data yesterday which showed that services industries grew at their fastest pace since August. In Japan, Panasonic gained almost 20% after the company unexpectedly announced a third quarter profit, whilst Sony climbed around 9%.

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Asian markets were firmer this morning with the Nikkei reaching levels not seen since 2010 on better corporate earnings and a weaker Yen. Elsewhere, China released manufacturing data which was weaker than expected, with the official PMI coming in at 50.4.

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