But such a bullish technical signal may be well and truly lost amid the onslaught of macro events that are set to dictate how global financial markets fare the rest of this month.  

Markets are very much in holiday mode with very thin volumes and light liquidity.

Asian shares struggled for direction this morning as concerns about inflation and the outlook for economic growth weighed on sentiment.

Tech megacaps will be under the spotlight as they publish their earnings this week. Alphabet, and Microsoft announce their results today after US markets close.