Macro Morning (Europe roars)

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By Chris Becker

Friday brought about new highs on the FTSE, with the Nikkei pushing through 20,000 points, the Chinese stock bubble inflated higher with the rising tide lifting all boats even in the US as its earnings season rolls on amid fears the Fed may be raising rates sooner rather than later.

Recapping the Asian session it was a green board across most bourses with the Hang Seng up 1.2% while the Shanghai Composite burst through the 4000 point barrier, up nearly 2% on its way to who knows where. The Nikkei broke through 20,000 points before coming off the boil and actually losing 0.3% late in the session, although futures are pointing to another rise this morning.

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