Morning all,

Good news:

Fairly light calendar today, with

0800 GMT Swiss Sep M3 and monthly stats bulletin from the SNB

0800 German Oct IFO

0830 UK Sep Public sector finance data

0900 EU govt debt,

Bad news:…… lots of speakers today to fill the directionless market ahead of a wishful result to EFSF talks

0740 GMT -ECB’s Trichet in Warsaw

0800- ECB’s Stark

1000 ECB’s Nowotny

1030 Bk of Portugal Gov Costa

1345 ECB’s Praet

Have a lovely day….