Italy Senate Approves Austerity, New Premium Trades are Here

Markets improved as Italys Senate passed the vote on the austerity, rench rating was affirmed at AAA, while ECB vice president Lucas Papademos was selected as new Greek PM. We have 3 new DUAL Premium Trades on EURUSD ahead of end of Friday session and early Monday Asia.

Italys Senate passed the vote on the austerity package today and agreed to form a new government that may be headed by ex- EU Commissioner Mario Monti.

German chancellor Merkel's confirmation that there are no plans to create a two level Eurozone as was speculated over the past few turbulent days also helped sentiment.

US November preliminary consumer confidence rose to a 5-month high of 64.9 from 60.9, bearing expectations of 61.5

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