- Global stocks are generally higher ahead of rate decisions today from the Bank of England and the European Central Bank, with tomorrow's jobs report in the U.S. a focus as well.
- Relative calm in emerging markets such as Turkey, South Africa and India, which have suffered their fair share of turmoil recently, is also helping.
- "We have seen a hefty decline, but overall we should not be too worried because the fundamentals of the market have not changed much," says equity strategist Gerhard Schwarz. "The outlook for the equity market is staying constructive, but we need to be cautious."
- Japan -0.2%, Hong Kong +0.7%, China closed, India flat.
- EU Stoxx 50 +0.2%, London +0.6%, Paris +1.1%, Frankfurt +1.1%, Milan +0.6%, Madrid +0.5%.
- U.S. stock futures: Dow +0.6%. S&P +0.7%. Nasdaq +0.7%
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