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Market News

European Markets

Opening calls are indicating a higher open this morning.

Asian Markets

Stocks are trading higher in Asia.

US Markets

Last week, stocks made big moves up and down as investors closely watched political events unfold in Greece and Italy. The choppy week ended with a rally as investors welcomed prospects of a political shake-up in both countries.

Events Today

In Germany Angela Merkel will attend a two-day party congress on Monday likely dominated by the euro zone debt crisis.

Domestic elections are not until 2013 but her actions now could decide her fate.

She must convince her Christian Democratic Union that greater fiscal and political union is the answer to the euro’ survival.

Asia-Pacific leaders pledged on Sunday at the APEC – Asia Pacific Economic Cooperation – meeting that they would bolster their economies and lower trade barriers as they seek to shield themselves against the euro zone crisis.

Japan saw an end to its recession with third-quarter GDP up 1.5 percent from the previous quarter matching forecasts and putting behind it the toll taken on the economy by March’ devastating earthquake