With no major economic releases coming out on either side of the border to guide North American investors, Wall Street futures are weak, pointing to a flat opening on equity markets. After a week of record gains last week, profit-taking may rule the day.

Asian stock markets finished their Monday trading mixed. Tokyo’s Nikkei average fell 4.53 points, or 0.04%, to 10,276.64. The Nikkei ended slightly lower for the second straight session as investors continued to take profits, which rose more than 5% last week before the sell-off began on Friday.

Hong Kong stocks closed slightly higher. The Hang Seng Index edged up 3.49 points, or 0.03%, to 10,764.22 — yet another fresh 13-month peak – due to continued buying in the real estate sector. European markets are down at midday. Frankfurt’s DAX is down 1.11%. Paris’s CAC is also down 0.97%. The London Stock Exchange is closed due to a public holiday.

Investors will be watching this week for a number of economic reports from the U.S., including durable goods orders and the Chicago manufacturing index. In Canada, second quarter GDP is due out at the end of the week. All of this will precede the next week’s meeting of the Bank of Canada. Economists are predicting another cut in rates. Though the signs have been positive in the U.S., Canada’s economy has struggled with a series of setbacks, including the fires in Kelowna, B.C.