European Markets

Opening calls are indicating a higher open this morning. Yesterday evening after European markets closed, S&P cut the ratings on the EFSF to AA+

Asian Markets

Asian Stocks are trading higher this morning on speculation that the Chinese Central Bank will adopt expansionary monetary policy.

US Markets

US markets are open today and will catch up since yesterday they were closed. US Futures are indicating a positive open.

Events Today

Citigroup and Wells Fargo are reporting resutls today.