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Look Ahead: 'Risk On' Attitude Could Fuel Rally Further

It's "risk on" in global markets, a trend traders say could help keep stocks heading higher for now. The Dow Monday jumped to a 13-month high, as stocks and commodities rallied and the dollar skidded. Full Article at CNBC

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  1. U.S. stocks reached fresh highs for the year on Monday after the Group of 20 nations pledged to keep aid flowing to the world economy, strengthening investor appetite for risk and boosting global stocks and commodities. Full Article at International Business Times

  2. Dollar's selloff continues throughout the day with dollar index breaking through 74.94 low made in October to as low as 74.93 so far. Full Article at International Business Times

  3. NEW YORK: A broad U.S. stocks rally sent the Dow industrials to a 13-month high on Monday, after the Group of 20 pledged to keep aid flowing to the world economy, strengthening investors' desire for risk. Full Article at Economic Times

  4. The agreement from G20 finance ministers and central bankers over the weekend boosted global stocks while pressuring the dollar. A gauge of the greenback against a basket of currencies <.DXY> traded at its lowest in 15 months. Full Article at International Business Times

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  1. Police sergeant Delroy Smellie (R) leaves City of Westminster Magistrates Court in London November 16, 2009. Smellie pleaded not guilty to a charge of common assault by striking Nicola Fisher in the City of London on April 2 as the leaders of the G20 nations gathered for an economic summit.
  2. ST ANDREWS, SCOTLAND - NOVEMBER 07:British Chancellor of the Exchequer, Alistair Darling gives a media conference at the end of the G20 finace ministers meeting on November 7, 2009 in St Andrews, Scotland.
  3. ST ANDREWS, SCOTLAND - NOVEMBER 06:  Giulio Tremonti, Italian Finance Minister, arrives to attend the G20 Finance Ministers meeting at a hotel in St. Andrews, on November 6, 2009 in St Andrews, Scotland.
  4. PITTSBURGH - SEPTEMBER 25:  The spouses of the visiting G-20 leaders (top-L-R) wife of Thai Prime Minister Abhisit Vejjajiv, unknown,  Dr Pimpen Vejjajiva, wife of EU Commission Chairman Jose Manuel Barroso, Margarida Sousa Uva, wife of Australian Prime Minister Kevin Rudd, Therese Rein, Filippa...
  5. PITTSBURGH - SEPTEMBER 24:  A group of Free Tibet protesters march through the streets near the site of the G-20 Summit on September 24, 2009 in downtown Pittsburgh, Pennsylvania.
  6. PITTSBURGH - SEPTEMBER 24:  A National Guardsman stands in front of a mural of Pittsburgh's baseball heroes as he directs traffic away from the site of the G-20 Summit on September 24, 2009 in downtown Pittsburgh, Pennsylvania.
  7. PITTSBURGH - SEPTEMBER 24:  A National Guard member and a Pittsburgh police officer check paperwork for cars trying to enter the downtown in the morning on September 24, 2009 in Pittsburgh, Pennsylvania.
  8. PITTSBURGH - SEPTEMBER 23:  A protester smiles at police while strapped to the edge of the West End Bridge, holding a banner denouncing climate change ahead of the G20 summit on September 23, 2009 in Pittsburgh, Pennsylvania. Large protests are expected during the G20 Summit in Pittsburgh this week.
  9. LONDON - APRIL 2:  Britain's Prime Minister Gordon Brown (L) greets his Australian counterpart Kevin Rudd as he arrives for the G20 summit at the ExCel centre on April 2, 2009 in London, United Kingdom.

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