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EUROPE SEEN TAKING A BREATHER (0513 GMT)
Stocks in Europe are expected to take a breather this morning after gaining 2.5% and recouping all of last week's losses over the past two trading sessions as worries about a global economic slowdown have eased.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.31%, while Japan's Nikkei rose 0.45%. The improved mood was helped by a rally on Wall Street overnight, with the S&P 500 gaining 1.21%.
Financial spreadbetters expect London's FTSE to open 3 points lower at 7,187, Frankfurt's DAX to open 3 points lower at 11,712, and Paris' CAC to open 6 points lower at 5,365.
***** (Reporting by Danilo Masoni, Josephine Mason and Thyagaraju Adinarayan)