Positive start for European markets despite Asian losses.

  • FTSE +0.5%
  • DAX +0.5%
  • CAC40 +0.6%
  • FTMIB +0.5%
  • IBEX +0.6%

Shanghai Comp Index closes down 1.3% and CS1300 Index down 1.1%

Meanwhile USD is finding a little support as European traders shuffle back in after the week-end choc-fest.

Cable tested support around 1.4200 and EURUSD at 1.1170 but both finding dip buyers again. USDJPY sellers between 113.80-114.00 are keeping that pair capped.