The only obvious change as the markets open is the yield on 30 year US bonds continue to plummet.
Japan keeps having to fight to keep the yen from getting too strong.
Islam has liberated Libya. Allah Akhbar!
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This morning, the dollar has weakened, which is creating the predictable effects – US Stock indexes are going up.
The difference in price between oil from the North Atlantic hit an all time record of over $26 a barrel. It usually stays around $1 a barrel difference. The “why” is unclear. It suggests a “heavy hand” at work. Part of the problem is infrastructure within in US – oil from Canada makes it to the WTI market, but that’s not where the refining capacity and gasoline pipelines are.