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Before the Bell: Stocks set to follow global markets higher Add to ...

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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.

Stock markets overseas have been rallying overnight and into this morning. The FTSE is leading the pack rallying 1.8 per cent while the Dax is up 0.5 per cent on its return to trading and the Nikkei rose 0.8 per cent. U.S. index futures are up 0.1 per cent. Crude oil contracts are down 0.9 per cent in normal trading corrections with Brent still above $50 (U.S.) and West Texas Intermediate still above $48.

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