US stocks Wall Street returns in positive mood, European equities firm after a stronger-than-expected survey of German economic sentiment, partially countering recent soft data from the region, Wall Street climbs on bid news, Office Depot shares soar on speculation merger with rival OfficeMax
From Indian economic news, Torrid time for Indian iron ore, Production bans and higher export tariffs have pushed India's iron ore exports to the point of collapse, forcing miners to hunt abroad for resources
Eurozone start to rising, Securitisation finds new support in Europe, Businesses in the eurozone are increasingly tapping capital markets for their funding needs as bank loans remain scarce
Meanwhile, Uncertainty over Bank of Japan lifts yen, Confusion over the timing of the appointment of a new governor at the central bank supports the Japanese currency
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