By Chris Becker
A much better night on risk markets in response to some secondary reports in the US regarding industrial production with housing starts overperforming and oil inventories shooting to the underside, lifting oil prices and hence energy stocks. European markets were mixed as the Euro dropped on the new Italian government while gold and other major currencies remain under pressure from a stronger USD.
Today the big focus on the economic calendar is the monthly numberwang unemployment print from the ABS.