The Before the Bell report is compiled by editors of The Globe and Mail and is updated throughout the morning to reflect latest developments. Colin Cieszynski, Chartered Financial Analyst and Chartered Market Technician, is chief market strategist with CMC Markets.
The calm ended and the storm arrived with three big central bank meetings on today. Stock markets are soaring after the Bank of Japan made a number of adjustments to its monetary stimulus program. The Nikkei rallied 1.9 per cent, led by its banking sector. The Dax is up 1.2 per cent while the FTSE is up 0.3 per cent. U.S. index futures are also up this morning ahead of the Fed rising 0.4 per cent to 0.5 per cent with the Nasdaq outperforming again.Report Typo/Error
Follow us on Twitter: