The market sentiment has deteriorated since yesterday's close on the Warsaw Stock Exchange. Yesterday's session in the US ended with a decline of 0.3%, and the morning futures on US indices lose by the same amount.
The mood in Asia are bearish, it does not apply to returning after a break investors in China. The price of oil from yesterday afternoon was under the pressure of new supply and finally fell on Monday by nearly 3%. A bit better looks the situation with copper. There are signs that the terms of trading today may be harder than yesterday, and after a short break can return sentiments favoring implementation of inconsiderable gains from recent weeks.
In today's macro calendar we expect to see the PMI indicators for the services sector. Traditionally most attention will be given to the US index published by the ISM.