A sense of nervous anticipation hangs over the markets this morning, EUR/USD not doing much of anything so far, presently at 1.3785.

EU summit meeting in Brussels comes to an end later this morning, followed by a seres of national press briefings (don’t know timings). Later at 15:35 GMT European Council President Herman Van Rompuy holds a press conference.

Beforehand we can expect a liberal dose of leaks.