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Market News


European Markets

Opening calls are indicating a higher open this morning.

 

Asian Markets

Stocks in Asia are trading in the positive territory.

US Markets

All eyes are on Europe this week, as investors will look continue to look at wheter central bankers and politicians will work together to solve the current crisis.

Events Today

Chancellor Merkel and President Sarkozy will meet for lunch at 12:30pm London time to resolve their differences and devise a plan to present before all EU leaders at a major summit on Friday.

US Vice President Joe Biden is due to meet with Greek Prime Minister Lucas Papademos in Athens on Monday in a first meeting between the Obama administration and the Greek government since the resignation of George Papandreou last month.

Economic data to watch on Monday includes service sector PMI from France at 8:50am, Germany at 8:55am and the European Union at 9:00am.