Markets Are Going Nowhere As The Week Starts Very Quietly

calm lake in Autumn at Door County, Wisconsin

The week begins and what’s happening is… not much.

After big gains on Friday, thanks to the US Non-Farm Payrolls report, things are considerably quieter.

US futures are flat, as are European markets across the board.

Things were a bit more lively in Asia, where Shanghai gained over 1%, Hong Kong adding about the same, and Australia rising 0.5%. These gains came even as China’s services sector (as measured by the PMI Services report) had its slowest month in nearly 2 years, and Australian retail sales unexpectedly shrunk for the month of March.

Expect a very slow week for economic data.

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.