Opening calls are indicating a lower open this morning following various downgrades by S&P. Among countries downgraded there is France, who lost its triple A rating on Friday.
Asian Stocks are trading lower in the current session.
US markets will remain closed on Monday due to the Martin Luther King, Jr. federal holiday.
Two bond auctions will take place in Europe on Monday starting with a Dutch tender of 3 and 6 month bonds at 10:00am London time while France will auction around 7-8 billion euros of treasury bills at 1:50pm GMT.