Issued by Colin Cieszynski, CFA, CMT, Market Analyst/Education Manager, CMC Markets Canada Global Markets This Morning Sentiment has continued to improve this morning as the European political situation continues to stabilize and efforts toward a solution to the debt crisis continue. In Italy there have been rumours that the opposition may abstain on a key budget reform vote which would allow it to pass but leave the door open to a confidence vote and potential election afterward. … Read more »

Issued by Colin Cieszynski, CFA, CMT, Market Analyst/Education Manager, CMC Markets Canada Global Markets Overnight Confidence has returned to global markets overnight. USD has been knocked back down as capital moves back out to more aggressive stances. European indices have been climbing today, shrugging off yesterday’s no vote on the EFSF expansion from Slovakia on indications that another vote could be held later in the week with negotiations underway. Traders have also been looking to today’s … Read more »