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.

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