Asia has continued rising, while Japan has continued to miss the rally. Resource stocks led the way, perhaps due to China’s voracious growth in commodity imports.
Shanghai: +0.2% (CSI 300)
Asia: +0.7% (MSCI Asia Apex 50)
Hong Kong: +1.0% (Hang Seng)
Tokyo: -0.2% (Nikkei 225)
Europe is surging across the board. Strong Apple (AAPL) earnings last night could be a driver, while markets are also anticipating decent news from Europe’s bank stress tests this Friday. Apple supplier ARM is having a good day.
Frankfurt: +1.3% (DAX)
Paris: +1.6% (CAC 40)
London: +1.5% (FTSE 100)
ARH Holdings: +2.8% (London)
The Euro: $1.286 (-0.3%)
Gold and oil are mixed, the Baltic Dry Index continues to rebound.
Gold: -0.2% ($1,190)
Oil: +0.3% (Light Sweet Crude $76.50)
Baltic Dry Index: +1.67% (BDI 1,761)
Dollar Index: -0.1% (DXY 82.70)
U.S. futures are already indicating a positive open today. Watch for Ben Bernanke at 2:00 PM ET, and EIA Petroleum data at 10:30 AM ET.
EARNINGS: Coke (KO), Morgan Stanley (MS), Wells Fargo (WFC), GlaxoSmithKline (GSK)
Check The Money Game for market updates all day and follow @vincefernando.