There is no data due from China today watch out for the further volatility on Chinese stock markets. As I said in the Asia wrap on Friday ...

  • Shanghai Composite down 1.52% ... not helped by the news Citic Securities and Guosen Securities have received formal notice from China's securities regulator that they are under investigation for suspected violations of securities law

The Shanghai Composite was down 1.5% when I wrote that, and it was sold then in the afternoon session, ending the day down a whopping 5.5%. They've had the weekend to cool off, stock markets will open in China at 0130GMT and we'll see how that's worked out. I'll have any 'good news' headlines from China ahead of then, I imagine we'll see something along those lines to try to lend some support.