What is going on in Asia?

Their markets are skyrocketing and I cannot find any major news.

Our futures have followed and rallied back from their lows at open.

Could be a good day for longs tomorrow. :D
 
US$ index +0.40% now 72.95 (that's quite a rebound!), oil down -1%, gold down -1%. Major indexes EWJ, EWT, FXI are oversold.
 
"Asian stocks advanced, led by financial and technology companies, after China Merchants Bank Co. forecast higher profits and as investors speculated recent losses were excessive." - Bloomberg

Looks to be an Asia only event.
 
Quote from makloda:

Eurostoxx50 and DAX futures were trading +0.5% premarket. Underlying opens in 20 minutes, will see if it holds up.

oops. it looks like the dax has made some casualties once again. i am going to the pool now to relax after another dax beating. :D
 
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