European equities are set to ease marginally on the open following small overnight declines in the US and concerns ahead of European data.
As traders return from the long weekend and shake off the holiday, a little weakness on the open is seen following some weaker economic data from the US last night. For once though, no traumas out of Europe have been unleashed over the weekend to rock the open but some telling economic data from the region may stir up sentiment later on. Unemployment is set to make yet another all time record high today in another sign that the euro zone is failing to pull itself out of a deepening recession. However, any negativity may be muted as traders will look to this weeks ECB meeting for some dovish comments to prop things up
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