Key Global Events

Inflation in Europe falls to 6.1 %. Expectations were for a drop to 6.3% from 7% the previous month. On a monthly basis it fell to 0.0% and core inflation fell to 5.3%. European Central Bank (ECB) President Christine Lagarde said inflation is excessively high and will persist for a long time. Hawkish tones for the president saying the Frankfurt-based central bank is determined to reach its 2 % target. 

European stock markets continue the day by extending gains. Milan's FTSE MIB +1.24%, Paris' CAC +0.11%, Madrid's IBEX +0.77%, London's FTSE +0.30%. Wall Stree futures trade below parity on House okay on debt ceiling deal and macro data. Dow Jones -0.24%, S&P500 -0.01% and Nasdaq -0.03%. U.S. futures report an uncertain and cautious start on Wall Street.

After the release of the ADP, investors now await the market mover of the week. The NFP will be released tomorrow 2:30 pm.

Forex & Commodities

The Euro trades back above par gaining +0.17% to 1.0707. Sterling trades around 1.2478 (+0.31%). Among commodities, Oil remains below $69 a barrel trading around 68.30 (+0.28%). Gold trades around 1983 $ an ounce (+0.10%).

Index

Asia's markets traded mixed on the first session of the month. The benchmark index, Tokyo's Nikkei 225 closes by registering +0.84%. China's Hang Seng index ends trading at 18,216.91 giving up 0.10%.

Global Macroeconomic Data 
US - At 5 p.m. weekly U.S. crude oil inventories expected at 1.101 million will be released.