US index futures are higher this morning following the lead of both European and Asian marketsd which also moved higher today. In Europe, energy and financial stocks are leading the morning’s uptick, as crude prices continue to rise and banks look forward to next week’s blast of cash from the ECB (more coverage here). In Asia, markets responded to yesterday’s good report on German business confidence and rising energy and raw materials costs.
At about 8:15 a.m. ET, Germany’s DAX is up 0.80% at 6,863.92 and France’s CAC 40 is up 0.53%, at 3,465.71. In London, the FTSE 100 is up 0.14%, at 5,946.22.
In Asia, the Hang Seng index closed up 0.12%, at 21,406.90 and the Nikkei index closed up 0.54%, at 9,647.38. The Shanghai exchange closed up 1.25%, at 2,439.63.
Dow futures are up 0.12%, at 12,990.00. The Nasdaq 100 is up 0.09%, at 2,603.00 and the S&P is up 0.17%, at 1,365.20.
In the currency markets, the US dollar is weaker against the euro and the British pound, but stronger versus the Japanese yen. The US dollar index is down -0.19% at 78.485.
In commodities, WTI and Brent crude are higher this morning, with WTI up 0.45% at $108.32/barrel and Brent is up 0.13% at $123.78/barrel. Gold is down -0.43% this morning, at $1,778.70/ounce.
Paul Ausick
Travel Cards Are Getting Too Good To Ignore
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
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We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
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