The start of this trading week saw a slew of strong macro releases with both European and US PMI readings surprising to the upside.

• Monday sees best macro releases (against expectations) since mid-February
  
• Chinese shares soar as government states it's willing to ease tightening
  
• Geopolitics surrounding Iran a key focus for crude oil: Ole Hansen
  
• Alphabet posts best revenue growth since 2014, EPS at 13.33 versus 9.3 expected
  
• Gold at risk of correcting to April low at $1,230/oz, potentially $1,307/oz