Updated 5:30am EST – European equity markets are barely in positive territory, while the US equity futures are relatively unchanged on the session. Commodities are trading with a slight negative tone. Gold and silver are retreating slightly, as is crude which is trading below the $77/barrel level. In the currency markets, the Japanese yen is stronger, while weakness is evident in the British pound. Canadian CPI is due out at 7am EST and US PPI along with unemployment claims is set for 8:30am EST.