World Headlines 2011-01-03

RQ Cross Box: 2011-01-03

Updated 6:45 est - EQUITIES - Japan and China on holiday, Hang Seng Index rises 1.74%. European bourses trading higher and US stock futures pointing to a higher opening for first day of the New Year. The Russell 2000 Index, comprised of stocks with a median market value of $528.5 million, rose 25 percent in 2010, beating the S&P 500 by 13 percentage points. COMMODITIES - Crude Oil for February delivery rose as much as 72 cents to $92.10 a barrel, the highest price since Oct. 7, 2008. Copper outperforming metals trading 1% higher hitting new highs, Gold and Silver trading flat. CURRENCIES - Slow start for first trading day of the New Year in the currency market with some Asian and European centers on holiday. High beta currencies trading lower with the Japanese Yen, USDJPY is the pair in play outperforming higher. Positive comments for the Euro from China today as Vice Premier Li Keglang stated that China supports Spain's economic reforms and will buy additional Spanish debt this year. Economic Data - US ISM Manufacturing due at 10:00 est.

World Headlines 2011-01-03

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