The ASX 200 will likely open flat in spite of mostly positive leads from Friday night. Both Europe and Wall Street were higher on the back of strong earnings from a number of US banks.Bond yields, commodities and the Aussie dollar were all higher. It is all quiet on the domestic economic front. In local company news, TPG Telecomm trades ex-dividend. We believe the ASX 200 will close marginally higher on the back of lingering demand for stocks.