Asian markets are higher again this morning as trade data out of China showed better than expected exports, coming out with a rise of 14.7% against a consensus forecast of 9.2%. Markets are very close to 5 year highs as investors see no end to central bank easing in the near term.

In Europe, futures are slightly lower ahead of German Industrial Production data due out mid morning.

In the US, markets closed near session highs driven by better corporate earnings with the Dow closing above 15,000 for the first time. Today we have mortgage application data, and earnings from News Corp (35c) and Groupon (3c)

Philip Ball | Sales and Trading