Good Morning:
Risk appetite returned to the FX world and EUR/USD moved up to a high of 1.3216 in overnight trading. The Euro moved higher after a better than expected Spanish debt auction. The 3 year Spanish bonds came in at a yield of 3.71% versus the 4 % that was originally feared.As expected the ECB left interest rates unchanged-but the markets are looking for ECB President Trichet's comments this morning.
All eyes will be on Friday's US employment data-set for 8:30 AM tomorrow.
World equity markets rose after yesterday's 250 point rise in the Dow. US Futures are also higher this morning.
Oil:$86.82 Gold:$1389.20
HAVE A GREAT DAY & GOOD LUCK
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