From Wallstreet we reported, Awesome growth data, Nasdaq Composite hits 3,000 for first time in 10 years, The Nasdaq Composite hits 3,000 for the first time since 2001, as the rally in Apple shares show no signs of slowing sales
But why the 'risk-on' rally will not last,
The question is whether policymakers can fully alleviate the effects of a deflating global credit bubble. Longer-term investors should be sceptical issue and still in pessimistic zone
Meanwhile, from Eurozone we updated, Banks borrow €530bn from ECB scheme, as previous news European Central Bank injects €530bn as 800 European lenders seek to take advantage of cheap three-year funding projection, Eurozone banks rally following LTRO Bank shares spike after latest longer-term refinancing operation announcement, before trimming gains in volatile trading
By the way EUR falls after ECB loan operation, Euro loses ground against dollar after ECB announces €529.5bn of lending under its longer term refinancing operation, many traders pessimistic about the future of the loan
From Tokyo we reported Nikkei Average has best February in 21 years, Tokyo's Nikkei 225 Average enjoys its best February in more than two decades thanks to a run of forecast-beating domestic and global data
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