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-- -- the morning from.
-- Fox News.
Morning everyone a rally in stocks continues in response to the Federal Reserve's aggressive new stimulus plan.
Asian stocks closed higher with the markets in South Korea and Hong Kong rising 3%.
Here in the US futures are up across the board have been all morning Dow futures are up by 54.
The S and -- up by six in the nasdaq's up by thirteen.
Looking here at banks and miners are leading the way there we're seeing up arrows across the board London's up by ninety.
The S and -- NASDAQ rather.
Let's shift over here -- -- Paris is up by 73 and Frankfurt is up by 106 the dollar is lowers oil is also up.
It's already past that 100 dollar -- barrel mark today we're now seeing in a little shy of that around 99 dollars a barrel.
Than a dollar fifty let's take a closer look now at what's moving European market to the on Randolph that I just global insight in lending on market throughout.
On news of this Federal Reserve's stimulus plan but it also has six critics saw last guest said she thinks the Fed and ECB are just starting money at their problems but they don't have much of a choice at this point let's say you.
Well I think our viewers credit continue we've the easing position.
I think you want to fulfill or -- high market expectations that they want to disappoint.
What is the typical well -- -- it's it'll -- supportive all of market prices.
But is it really supportive of the real economy.
That's the big question will will will the real economy benefit form from a stimulus I think on the -- and it will but it went -- that great.
In Europe Europe's -- he -- Up benefiting from the too -- a little slow I coveted become.
That would do -- the ECB bond buying plan in emergency.
And also of the German court decision I think -- to receive this believe we put to bed what is Spain and -- -- is Greece.
And I think the IMF and ECB -- what -- on a contingency.
They planned for Spain NK -- it won't say it.
And it speaking of Greece eurozone finance ministers -- in -- and they are discussing Greece right now one suggestion that there is giving Greece more time.
To hit its targets rather than giving it more money but will that be enough to really help.
It more time usually helps as -- -- you make the most of that time.
Not the -- in -- Greece -- they actually getting down to work.
To serious business I think if they are looking down service business.
-- you know some time is it is appreciated and should be given.
-- Keyes who will -- actually get down because we gonna get an interim report for Greece -- a full one.
We'll have to wake up time for the full troika report -- the only often thought when Angela Merkel make a decision she's she's the person's.
Decision whose -- -- that's -- -- after my just global insight in London thanks down.
But get several pieces of economic data at the bottom of the hour the focus is on the consumer with retailers for August.
Expected to show -- sales gain of point 7% from July that's down slightly from the prior month if you take out the auto components sales are expected to -- By point 6% also down slightly loss Rosie how much you're paying when you do go shopping with consumer prices for last month.
There are expected to be up half a percent from July take out the volatile food and energy component and core CPI.
Is expected to have a small gain of zero point 2% all of those numbers are out at 8:30 eastern time and we'll have them for US unit they crossed.
Being on shares of apple are trading higher in the pre market after the company said the first round of pre orders -- iPhone 5 sold out.
Several tech blogs say it only took an hour after the new phone went on sale early this morning.
If you want pick one up in person -- an Apple Store on -- -- next Friday be prepared to wait historically there have been very long lines at these events.
Meanwhile the federal government will once again avoid -- shut down after lawmakers in the house passed a temporary spending bill.
The measure now heads to the senate where it's expected to past next week.
After clearing house by a vote of 329.
To nine -- one.
The bill funds the government through the end of march and allows it to bypass taking up a comprehensive spending plan.
The measure leaves in place the so called fiscal -- a combination of automatic spending cuts and tax hikes set to hit the economy in January.
Here's a look at commodities now oil and gold are both about -- up by about a dollar this year and -- nine almost a hundred dollars a barrel.
Gold is up by sixty cents at 1770 to announce.
Coming up this hour Imus is guests will be Fox News terrorism expert Wally fares.
Imus in the morning continues right now on Fox Business giving you the power to prosper.
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