Equities/futures are off early European....>

EQUITIES: Equities/futures are off early European session highs, though looks to

be fairly thin trade today with the U.S. holidays. 

- A constructive session for Asian equities, with Japan's NIKKEI up 160.52 pts

or +0.72% at 22306.48 and the TOPIX up 9.57 pts or +0.62% at 1552.33. China's

SHANGHAI closed up 62.244 pts or +2.01% at 3152.813 and the HANG SENG ended

248.93 pts higher or +0.99% at 25373.12.

- European equities have reversed earlier gains, with the German Dax down 15.12

pts or -0.12% at 12593.21, FTSE 100 down 37.35 pts or -0.6% at 6203.04, CAC 40

down 16.38 pts or -0.32% at 5033.53 and Euro Stoxx 50 down 9.17 pts or -0.28% at

3311.08.

- U.S. futures are weaker, with the Dow Jones mini down 53 pts or -0.21% at

25705, S&P 500 mini down 5.5 pts or -0.18% at 3123.5, NASDAQ mini up 11.75 pts

or +0.11% at 10367.