As we knew that the major U.S. index futures are pointing to a lower opening on Monday, of course with sentiment faltering as traders await the outcome of a European Union leaders meeting currently underway in Brussels.
News from Sarkozy's country, France's decision to unilaterally impose a financial transaction tax has also dampened major market sentiment. At this time traders may also prefer to stay on the sidelines ahead of the week's key domestic economic events, as some deal news and a successfully bond auction by France offered some encouragement. Yes there is a hope inside Sarkozy's head
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