Its all going bid today with the S&P 500 index breaching 1000 for the first time since November of last year. Comments from the ISM’s Ore saying that the ISM Manufacturing index could rise above 50 next month, but interestingly says that the manufacturing data is more positive than the comments coming from their members.
Eur/Usd is trying to gain a toehold above 1.4400 but some light selling was seen in the 1.4400/10 area.