The S&P/ASX 200 Index closed up 1.6% or 66 points today to 4071. In after hours trading, the market is steady whilst the Euro and US futures point to similar gains.
Asian markets experienced similar moves, with the Nikkei 225 up 1.69% to 8662 points, whilst the Hang Seng was steady at 19073 points.
In other risk assets, the AUD returned to just above 1.02, whilst WTI crude fell slightly to to $88.57 USD per barrel.
Gold was weakly bid up in the morning Asian session after crawling above the $1800 low again, and is now at $1812 USD an ounce.
Movers and Shakers
A generally green day across the board on the ASX, with energy and healthcare sectors the biggest gainers, whilst IT was slightly off.
The banks were all bid up between 1.7% and 2.6% percent. Macquarie (MQG) gained 1% whilst Woolworths (WOW) recovered over 1% from its recent falls.
BHP Billiton (BHP) climbed almost 2% alongside RIO booked 1.5% gains