It was a mixed day for stock markets with European indices bouncing back from Friday’s weakness on easing concerns that the Greek election could lead to immediate turmoil with the potential for talks over the country’s debt problem. US indices, meanwhile, continued to trend lower on a slow news day. Atlanta Fed President Lockhart kept mid-2015 front and centre as a potential liftoff date for US interest rates. Crude oil both WTI and Brent fell another 5% as the street continued to knock down price forecasts amid an unrelenting price war. AUD, NZD and copper fell off sharply amid ongoing concerns about China’s growth prospects. All of these markets plus the Hang Seng and S&P/ASX 200 could be active around today’s Chinese trade figures. Tomorrow morning, the main event is the UK inflation report which may give an indication of how much falling oil prices have started to find their way into inflation numbers. Corporate News Alcoa $0.33 vs street $0.27, aerospace demand robust, looking rfor 7% aluminium demand growth in 2015 same as last year. Economic News Significant announcements released overnight include: There were no major announcements in North America or Europe today. Upcoming significant announcements include: 1:00 pm AEDT China trade balance street $49.0B 1:00 pm AEDT China exports street 6.0% 1:00 pm AEDT China imports street 6.2% 12:00 am GMT UK same store sales street 1.0% 7:00 am GMT Sweden unemployment rate street 4.3% 8:30 am GMT Sweden consumer prices street (0.5%) 9:00 am GMT Italy industrial production street (2.7%) 9:30 am GMT UK consumer prices street 0.7% 9:30 am GMT UK core CPI street 1.3% 9:30 am GMT UK retail prices street 1.6% 9:30 am GMT UK producer input prices street (11.5%) 9:30 am GMT UK producer output prices street (0.4%) 9:30 am GMT UK ONS house prices street (1.7%)