Trading shower in German, “French”

Stocks fell in South Korea and closed flat in Taiwan, Asian stock exchanges closed.Germany DXClosed up2 3%, on Monday’ lower than 2011,& 2%  hike in Newyork Trading,

London investors  Investors appeared to be reassured by European purchasing managers survey index numbers that improved in December from November. manufacturing sector was up, but at levels that still show a fifth straight month of contraction.Data releases later in the week such as euro zone inflation on Wednesday and German factory orders and U.S. non-farm payrolls on Friday will give traders more grist. The U.S. employment  is expected to rise by some 150,000 after increasing 120,000 in November.

Debt woes may be compounded by at least a mild recession over the last quarter of 2011 and the first part of 2012. In Asia, South Korea's Kospi, which lost 11 percent of its value last year, closed nearly unchanged at 1,826.37. South Korea's tech sector move higher, with Samsung Electronics up 2.1 percent and LG Electronics gaining 2.3 percent. Steel giant POSCO slid 1.1 percent and Korea Electric Power shed 1.8 percent.

Markets face an uncertain first quarter as euro zone leaders try to get control of government debt woes that threaten to harm the global economy with another financial meltdown., the euro zone's third-largest economy and the focal point of the euro zone's struggle to deal with a crisis caused by heavy levels of government debt. Fears of default on those debts mean that bond investors demand ever-higher interest, making it a challenge for the new government of Prime Minister Mario Monti to roll over €53 billion ($69 billion) in debt maturing in the first quarter. If a country can no longer borrow affordably to pay off bonds that are maturing, it faces eventual default or a bailout.