Stock Markets across the world have been pulling each other up - overnight the Nikkei went up by another 300 points - as I said watch your CFD bets with this monster - those who went short yesterday would not be smiling this morning.

The Australian ASX200 hit the record high of 6097, partly due to that metal prices have been in a bullish mood of the late and the Australian Index includes some havyweight miners as its main components.

In another few minutes the UK market will open and the expectation is for further gain in FTSE100, although there are some bad news in the papers about the drug comapnies Glaxosmithkline and Astrazeneca - Glaxo is a heavyweight company in the UK index.