News Headline Summary

Markets remain quiet with little newsflow and with many market participants away for the Christmas period; FTSE trades higher by 0.2% led by the mining sector, and the CAC 40 trades down 0.2%

Update details:

- In terms of sectors in Europe, Oil & gas and Basic Materials are the best performing as UK mining stocks outperform.
- EUR/USD trades higher on the session by 25 pips at 1.3213 with weakness in the USD-Index.
- There has been no further developments on the US fiscal cliff or political situation in Europe over the weekend and hence range-bound trade is observed in many products this morning.

Print 10:33, 24 Dec 2012 - Market Analysis - Source: RANsquawk