Over in Australia, federal elections held over the weekend (unlike in the UK, where elections are held during the working week) brought an unclear result, similar to the results of the UK general election in May.
The news left Australian share markets fairly cautious at open in Sydney, with moderate losses for all main indices such as the ASX 200.
Meanwhile oil managed to emerge from its 6-week lows of last week to reach a slightly improved $74 a barrel halfway through the day Monday.
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