US Futures are trading higher in anticipation of Geithner’s detailed plan to remove the toxic assets from banks’ balance sheets. Regional markets have followed suit trading higher.
SP500 futures are up just over 1% as are the Dow futures.
Regional markets are factoring in a good night. The Nikkei has shrugged off early losses and is trading up 2%. The ASX200 is up 1.2% and the Kospi is up 1.9%.