Watch out for US Empire manufacturing and speeches from German Finance Minister Schauble that may dominate market action later today.

Data Watch:

13.30 US Empire Manufacturing Index Last -8.8 Exp -4.0

14.15 US Industrial Production Last 0.2 Exp 0.2

14.15 US Capacity Utilisation Last 77.4 Exp 77.5

14.30 EU Schauble speaking

15.35 EU Stark speaking