European stocks are rising this morning:
Germany’s DAX is up 1.18%
Spain’s IBEX is up 0.68%
Italy’s FTSE MIB is up 1.35%
The UK’s FTSE 100 is up 0.66%
France’s CAC 40 is up 0.92%
In Asia, the Nikkei climbed a little, up 0.44% after big boosts on Tuesday and Friday. Hong Kong’s Hang Seng closed down 0.63%.
US futures are also up. The S&P is currently up 6.75 points and the Dow is up 58 points.
At 10 a.m. GMT we’ve got eurozone retail sales. Analysts are already expecting a 0.8% drop between August and September.
Later, from the US, mortgage application data for the week to 31 October are out at 12 p.m. GMT. At 2.45 p.m. GMT and 3 p.m. GMT, respectively, we’ll have Markit and ISM services PMI numbers. Analysts expect a cooling from both.
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