Futures Indicate Higher Opens For European Shares As Mergers, Economic Data Dominate News - European Commentary []

Futures Indicate Higher Opens For European Shares As Mergers, Economic Data Dominate News - European Commentary []
European indices are looking at a higher opening following an overnight rally in Asian equity markets.

Yen Drops Against Major Counterparts [USD/JPY]
The yen performed weakly versus the other major currencies on Friday morning in New York.

Significant Strength Remains Visible On Wall Street - U.S. Commentary []
With traders reacting positively to recent earnings news, stocks have remained firmly in positive territory on Friday. The major averages have been trading in a range close to their highs, buoyed by strong earnings by Research In Motion (RIMM) and a report that Merrill Lynch (MER) might get a cash infusion.

European Markets Rise On New Fed Plan - European Commentary []
The European markets rose on Wednesday after the U.S. Federal Reserve announced a plan to work with other central banks to ease tight conditions in credit markets.

European Markets Rise, Led By Banks, Oils - European Commentary []
The European markets rose on Friday, as banking stocks advanced on news of Goldman Sachs upgrade to Citigroup's debt following the U.S. bank's decision to consolidate its structured investment vehicles. A rally among energy and utility stocks lent support to the markets.

Stocks Facing Headwinds Wednesday Morning Ahead Of Fed Special Auctions Results []
US stocks were set to open lower Wednesday morning as the Federal Reserve prepares to release the results of Monday's 20 billion dollar auction.

Dollar Weakens Against Majors Amid PCE Data [EUR/USD]
The US Department of Commerce released its report on personal income and spending in the month of November at 8:30 am ET. The report revealed that the Personal Income increased 0.4% and Consumer Spending up 1.1%in November. Amid the data, the US dollar moved down against its major counterparts.

Investors Eye Central Bank Plans, Rise In Oil Ahead Of Thursday Trading - European Commentary []
European investors will be digesting Wednesday's news regarding the dramatic initiative unveiled by a coalition of central banks to jointly increase liquidity in global credit markets. The announcement saw the Federal Reserve, the ECB and other banks offer discounted rates to loan cash to private banks.

Dollar Eases To Euro But Surges High Versus Yen As Global Stocks Snap Back [EUR/USD]
The dollar eased versus the euro but broke out to the upside versus the yen on Friday as global stocks snapped out of their recent doldrums. Traders also considered data on personal spending and income for November.

Stocks May Move Higher On Positive Earnings News - U.S. Commentary []
After turning in a mixed performance in the previous session, stocks may move higher in early trading on Thursday. The major U.S. index futures are indicating a higher open for the markets, although buying interest may remain somewhat subdued.