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The global markets give out positive cues this morning. U.S. stocks rallied, with the Standard & Poors 500 Index gaining the most in two weeks, as reports from China, Japan and Australia boosted optimism about the global economy. European stocks rose for a second day, led by a rally in mining companies, as economic reports from China to Australia reassured investors the global recovery is intact. Shares of BP Plc pared some losses. This morning Asian stocks advanced for a second straight day as investor appetite for riskier assets rose on speculation Europe’s debt crisis won’t derail global growth. In commodities, Crude oil traded near a four week high after equities rose as reports in China, Australia and Japan showed that a global economic recovery is strengthening. Gold gained for the first time in four days, paring the weeks losses, as the recent decline encouraged some investors to buy the metal as a store of value on concern...

To read full research report you can refer to :
http://www.dsij.in/tabId/376/itemId/978/Markets-Sustain-Yesterdays-Gains.aspx

Source: Dalal Street Investment Journal
www.dsij.in