Asian markets soared. The Nikkei rose 327.61 points, or 3.13%, to 10,801.52, as better-than-expected results in parts of the Bank of Japan's December Tankan business survey indicated that conditions aren't as severe as previously thought. In Hong Kong, the market added 154.01 points, or 1.32%, to 11,847.06.
Canada's TSE 300 gained 46.07 points, or 0.61%, to 7,577.70. The ratio between advancing versus declining stocks have narrowed considerably to 156 to 122. A break below 7500 cannot be ruled out at this time and that would flash a near term sell signal.