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Market News


European Markets

Opening calls are indicating a higher open this morning.

Asian Markets

Asian shares advanced the most in two weeks and copper led a rally in commodities amid signs of growth in the global economy and after European leaders inched toward a revamped strategy to contain the region’s debt crisis.

US Markets

Futures are trading positive in the US.

Events today

French President Nicolas Sarkozy is expected to give a TV interview on Monday with French channels TF1 and France 2 on the Brussels summit over the weekend and ahead of the final G20 meeting in Cannes in November.

In London, Members of Parliament are set to vote on whether the UK should hold a referendum on its membership of the European Union in light of the ongoing debt crisis in the euro zone.

All three leaders of the main parties have said they will vote against the motion, which is expected to be supported by many within the right wing of the Conservative Party, the so-called euroskeptics.

Swiss parliamentary elections are also due to take place on Monday.

Key corporate data out of Europe on Monday includes third quarter results for satellite navigation maker Tom Tom and Danish lender Janske Bank will also release its third quarter figures.

German reinsurance giant Munich Re will hold a press meeting at 10:30 UK time on Monday.