Asian markets are up for the day with the Nikkei up 2.1%, the Hang Seng up 1.9%, the Shanghai index up 0.2% and the Australian S&P ASX up 1.82%. Like the U.S. markets, Asian markets are being buoyed by the coordinated action of the central banks to provide liquidity. The European Central Bank, the Bank of England, the Bank of Japan, the Swiss National Bank and the U.S. Federal Reserve said that they will provide dollar liquidity to commercial banks. The calendar is light of economic events today. Stock markets around the world have bounced and are rallying as investors gain confidence. The recent actions by the ... (full story)