Overnight Markets Higher as Storm Bears Down

Steve Kanaval |

The Nikkei was up six percent after reports suggested the Bank of Japan was considering more stimulus; the Hang Seng was up 2.9%, Shanghai rose one and a quarter percent and Australia rose one percent. European indexes are strong this morning, with the DAX and Footsie both up more than two percent at the moment.



North American Markets are higher by 1 to 2% as the Nasdaq continues it's recovery bounce on the back of the BOJ jawboning global markets higher into our third full week of trading.

Volatility has been the trade of the year and seems the only safe place to be in the roller coaster we call 2016.

As if this wasn't enough 2 feet of snow will blanket parts of the eastern seaboard as flights start to cancel from Baltimore to Maine.

This seems like an episode of a weather film thriller.


DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

Pressure Biosciences Inc

Pressure BioSciences Inc is a biological life sciences research company. It is engaged in the development and commercialization of a platform technology called pressure cycling technology.

Private Markets

Initial State

Initial State is an Internet of Things (IoT) data analytics & data management platform company. We turn sensor and event data into information that matters by making it easy to…

Trustify

Trustify provides trust and safety in both the digital and physical worlds through our vast network of on-demand Private Investigators.By removing the large retainers and high hourly rates that traditional…