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Morning Brief


European Markets are indicating a lower open this morning, after Greek CDS auction showed a negative investor sentiment on Greece’ economic situation.

In Asia, shares are trading lower after China raised fuel prices by most in two years.

The Dow Jones and the S&P averages, ended the session slightly positive yesterday.After a year filled with uncertainty, 2012 has so far been a strong one for stocks. Stronger economic data has helped push the Dow up more than 8% since January.

Events Today

Spain to Sell 12 month and 18 month bills.

Technology giant, Oracle will release its third quarter earnings.

UK inflation figures will be released for February together with the UK manufacturing orders for March.

German Producer Prices (for February) are also expected to be released today.