Good start to the Australian stockmarket, trading up 0.8% as traders come back from the Xmas break. Still conditions are thin and volumes low. Resource stocks are up as are bank stocks. BHP up 0.7%, ANZ up 1%.
The Nikkei is also likely to extend gains today after US stocks hit fresh 2009 highs. Ivestors will keep a close eye on Sumitomo Mitsui Fin Group. It said it will consider investing in financial firms across the Asian region.
