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Wall Street follows Europe higher

By Jamie Coleman  || February 9, 2010 at 14:42 GMT
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The S&P is up 1.2% at the open, following European bourses higher. EUR/USD bounced from a dip into the 1.3730s and is now at 1.3753.

Most of the “risk assets” are solidly higher on the day with Gold up to $1075 after falling as low as $1044 last Friday. Oil is up $0.82 at 72.70 after a brief probe below $70 last week.

Risk may not be “on” but risk aversion is easing…

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