Meanwhile, yen wobbles continue with the currency was last at 155.70 per dollar, with Japanese officials reiterating that they’ll take appropriate actions when needed.
The more things change, the more they stay the same.
Bank of Japan data suggests Tokyo spent an estimated $60 billion to pull the frail yen off the 34 year low of 164.245 last week. Tokyo has not confirmed whether it intervened in the market last week.
In company news, the focus will be on the fallout of Spanish bank BBVA launching a hostile 12.23 billion euro ($13.1 billion) all-share takeover bid for Sabadell that triggered immediate government opposition.
Hostile takeovers are rare in European banking and can end up embroiled in months of negotiations as politicians weigh in and regulators worry about potential instability.
Elsewhere, Apple apologised after an advertisement for its latest iPad Pro model sparked criticism by showing an animation of musical instruments and other symbols of creativity being crushed, according to Ad Age magazine.
