Asian markets are firmer this morning on optimism for global growth, after better than expected corporate earnings out of the US. The Yen is weaker this morning but still below the critical 100 level, and with that the Nikkei is up around 2%.

European futures are around 30bps firmer after posting impressive gains yesterday, ahead of key announcements from the ECB and BOE. Also keep an eye out for German IFO data.

US markets closed near session highs despite an intraday scare when a hacker posted false stories of an explosion in the Whitehouse on a newswire causing a brief sharp sell off. Apple reported after the close with sales missing forecasts but the company has put forward plans to return more cash to shareholders. Today we have durable goods orders and earnings from Proctor and Gamble (96c), Ford (37c) and Boeing ($1.49).

Philip Ball | Sales and Trading