That seems to be the attitude in the markets,

US equities are firm, not far from session highs, up better than 2%.

Gold is getting hit rather hard today as a modicum of calm returns to markets despite continued sovereign debt and banking concerns and the usual intra-European squabbling. It is down over 3% or $75 from overnight highs at $1911.

EUR/USD has bounced from a mild dip after the quake news. We dipped to 1.4410 and trades now at 1.4426.