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USDJPY TECHS

Support Remains Exposed

US TSY FUTURES

Poised to Extend Midday Lows

EURGBP TECHS

Recovery Holds For Now

EURGBP TECHS

Recovery Holds For Now

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With U.S. markets closed for a national holiday and a limited data calendar Monday, much focus will fall on the few releases expected.

At 0700BST, German July industrial orders will be released and are expected to slow month-on-month from the 4.1% gain seen in June. Analysts expect July to see a m/m decline of 0.7% and a y/y slowdown to 18.8% from 26.2% in June.

The only other releases of note are the August Markit Construction PMIs for the eurozone at 0830BST and the UK at 0930BST, with both expected to slow from July.