Markets Overview

HIGHLIGHTS AHEAD.

    The global economic docket is fairly light today. During Asian timewe will receive an update on small business confidence in Japan. InEurope, the focus will remain on any headlines coming out concerningGreece, with the Eurogroup due to meet late in the day ahead ofThursday’s EU leaders’ meeting. Germany’s IFO report for June will bethe highlight. In the US, revisions to Q1 GDP are on tap, expected to berevised to -0.2% from -0.7%.

    Today will be a relatively light day and we are expecting Taiwan to releaseMay industrial production (exp: 1.21% y/y, prev: 1.06% y/y).