In Europe the surged, adding 189 points (+3.7%), whilst the CAC (+3.4%) and DAX (+3.2%) also enjoyed very strong gains.
The monster move in the UK was brought about by the Bank of England’s decision to launch a second round of quantitative easing, by buying 75 billion pounds of assets.
Stateside, the Dow Jones recorded its third consecutive, triple-digit gain by adding 183 points (+1.7%), whilst the S&P 500 added 1.8% and the Nasdaq jumped 1.9%.
The euro strengthened against 10 of its 16 major peers whilst the British pound slumped against all 16 major peers after the BoE expanded its bond-purchase program.
Crude oil rose overnight, adding 3.7% to cap the biggest two-day rally since February, whilst gold added 0.7% and copper surged 4.5%.
There is no major local data due out for today’s local session.