" Germany’s Federal Constitutional Court cleared the way for...

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Germany’s Federal Constitutional Court cleared the way for ratification of the European Stability Mechanism, saying the country must set a cap for liability. China has “ample” room to use fiscal and monetary policy to meet economic targets, Premier Wen Jiabao said yesterday. The U.S. Federal Reserve begins a two-day meeting today amid speculation policy makers will provide more stimulus.

“The market is getting confident that governments won’t let economies get worse, as expectations are mounting in the U.S. for more monetary easing and China expands public investment,” said Hiroichi Nishi, an equities manager in Tokyo at SMBC Nikko Securities Inc. “At the same time, Europe is making progress, even though it’s not speedy.”

More than four shares advanced for every one that declined in the Stoxx 600. Banks and insurers led the gains, with Banco Santander SA of Spain and Germany’s Allianz SE climbing more than 2 percent. "

Hmmm??? Lets see how long before things explode North...