Key Global Events

There is confidence in the markets after Joe Biden signed the government debt ceiling agreement effectively averting a default for the United States. The Asia-Pacific market reacts very well and closes with a nice rise. 
On Sunday OPEC+ over the weekend agreed to the continued production cut from 2024 with a set target of 40.46 million barrels per day. For the current year, production remains unchanged.
Today eyes on the release of PMI data from the UK, US and Euro zone. 
A mixed start for European stock exchanges. Milan's FTSE MIB -0.17%, Paris' CAC -0.11%, Madrid's IBEX +0.15%, London's FTSE +0.42%. Wall Street futures also trade in mixed territory following the European wake. Dow Jones +0.12%, S&P500 the -0.03% and the Nasdaq -0.23%.

Forex & Commodities

The dollar seems to resume its climb by getting the better of the Euro and Sterling. The EURUSD cross trades below parity around 1.0692 (-0.17%). The British currency trades around 1.2399 (-0.47%). Among commodities, Oil rebounds by two percentage points following OPEC+ production cuts. It currently trades around $73.28 per barrel. Gold trades around $1956 an ounce (-0.69%).

Index

Asia's markets traded higher on the first session of the week. The benchmark index, Tokyo's Nikkei 225 closes by registering +2.20% reaching the highest level since 1990. China's Hang Seng index trades at 19,082 giving up, +0.69%.

Global Macroeconomic Data 

UK - At 10:30 a.m. will be released the manufacturing PMI index expected to fall to 53.9.
US - At 3:45 p.m. will be released the tertiary purchasing managers' index expected to rise to 55.1. At 4 p.m. the manufacturing index expected to decrease to 51.8.