European equities opened in negative territory as weak Chinese data on which has seen both a declining CPI and PPI , did not trigger more risk appetite. One hour after opening the situation looks stabilized and European gauges are trying to regain positive territory,
Gold also is lacking a direction at the moment, while Silver is losing one quarter of a percentage point. Japanese Yen is retracing after yesterday gains. The economic calendar today is not going to offer market movers events, only Canadian unemployment rate.
