Today eventually, the FTSE100, hit a new high after nearly three months, and it's showing a healthy gain as I am typing. Later on today before the US market opens the Retail Sales will be out and an Ex-Auto figure of 0.7% is expected compared with -0.1% the previous month.

Tomorrow, after the close of the US market, some heavyweight companies will be releasing their 1st quarter results, namely Intel, IBM and Yahoo. So I would make sure that I would not be running big CFD postions on these stocks unless I was pretty sure of the outcome!!

All the major world markets made good gains overnight, with the Nikkei being the top gainer - ASX200 once again topped its previous high. The US futures are showing up at the present.

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.