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Imus in the morning program on the Fox Business -- Morning everyone let's start things -- by taking a look at the markets here in the US futures are starting off the new quarter.
Higher after author index six finished out the last quarter.
With gains Dow futures are up by 57 the S&P -- by five and the nasdaq's up by fourteen.
Stocks are also up in Europe as investors are increasing their exposure to cyclical sectors like banks.
And miners because -- London up by about 63 now Paris is up forty in Frankfurt's up about 67.
Let's take a closer look now what's moving those markets with -- -- -- market analyst at IG index.
Over in London now Chris the Greek government is resuming talks with its international creditors today what do you expect come of that.
My I think more discussions at the same -- she -- we've seen these.
Long discussions increases various crisis going on for months and months now and as well the wind -- -- -- -- will get more time before it's prepayments.
I think that the terms of -- -- -- -- worried about that.
Euro area leaders are also trying to reconcile a tougher approach from the pro austerity black and unrest in Spain France and Portugal over budget cuts.
Now this divided -- new but he's senior developments on the horizon that might help them come together on this.
We're seeing crises of this them.
And lines of against the seven austerity drive -- from France Italy and Spain.
I think that's gonna gather momentum as the year goes on -- has more strength into a sort of instructive as what they think should be done to help alleviate the crisis -- -- just more austerity.
-- Chris how much do they need Germany at this plan in Germany basically funds the Euro area so can they really pull themselves out of debt if they don't get Germany on board.
When exactly is a delicate game on both sides expect that that -- both sides need each other so they do have to find -- common ground which is what we've been lacking for the past few months.
And I we have some big meeting coming up we'll keep an eye and all that -- back in with you Chris -- always great having you on thing.
And Federal Reserve Chairman Ben Bernanke is expected to give some more insight on the central bank's decision.
The launch another round of quantitative easing here in the US when he speaks to a sold out crowd of 2000 at the Indiana economic club today.
At a speech marks the first time Bernanke will speak publicly since the Fed announced its new stimulus program last month.
Fed watchers say he'll likely try to shift investors' attention back to the aggressive policy instead.
Of doubting whether or not it will work last week Philadelphia fed chief Charles Plosser said the program will not create jobs and that puts the central bank's credibility.
GM meanwhile is -- calling it recalling nearly 41000.
Cars for potential fuel leaks.
The automaker says the recall affects Chevrolet Cobalt and Pontiac G five sedans from the 2007.
Through 2009 model years and Chevrolet equinox is Pontiac Torrent and Saturn ions from the 2007 model year.
The vehicles have plastic parts of the fuel pump.
Which could crack -- lead to a fire but GM does say they have been no reports of fires or injuries at this time.
Union workers that -- Canada operations have approved a four year labor deal with the company roughly 90% of the workers supported the deal which covers 8000 employees.
That deal freezes wages for existing workers for the first three years but it provides a cost of living adjustment.
In the fourth year workers you'll also receive a series of lump sum bonuses and that plan -- those reached with Ford and General Motors is well.
Glen course 33 billion dollar takeover bid for Xstrata is one step closer to becoming a done deal after the miner's board approved the plan.
The -- does still face opposition from major Xstrata shareholders over retention bonuses for executives.
But it -- -- asking those investors to support the deal even if they don't agree with that proposed incentive plan.
Xstrata also says its current chief executive Mick Davis we'll be replaced on the board by an -- -- exec it is -- executive after he leaves the company.
Looks like Oracle customers will be getting directions from Nokia.
The Wall Street Journal reports Nokia's preparing to announce -- deal to give Oracle access to its map data and location services.
The newspaper says Nokia sees the move as a way to significantly expand its mapping services.
Which compete with Google Maps and Oracle for its part says it's an easy way for customers integrate Nokia's maps into its applications.
Official word is expected today at the Oracle world conference in San Francisco.
More of us are getting your news on the go the new survey from pew research finds half of all adult Americans now on either tablet computer.
Or Smartphone and 13 use them to view news stories and video clips at least once a week.
The survey also found about 18% of the mobile users surveyed.
That they paid different online subscription last year but nearly 13 say they also have -- -- subscriptions and most have no plans to give them up.
Here's a look at commodities now oil -- gulf are both down oil down almost forty cents now hovering around 92 dollars a barrel.
Gold down almost four bucks at 1770 announced coming up this hour Imus is guest will be Tom Friedman.
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