European Breakfast Bulletin

Europe:
European shares are expected  to open lower this morning as investors wait for Spain to decide whether to ask for help from the European Central Bank’s bond-buying schedule.
Spanish Prime Minister Mariano remains uncertain about tapping the ECB’s bond-buying program, which would mean signing up to a permanent bailout fund.
The EUR/USD traded higher overnight reaching a high of 1.31141 but was subsequently brought down to a session low of 1.30906.
Uncertainty remains prevalent throughout the Eurozone and all eyes will be focused on German ZEW Business Confidence data to be released at 10.00am.