Markets in Europe were higher at 6.50 AM New York time.

The FTSE rose .7% to 6,295. BP (BP) was down 1.4% to 565.5. BT (BT) was up 1.9% to 315.75. GSK (GSK) was up 1.4% to 1273.

The DAXX rose 1.1% to 7,553. Bayer (BAY) rose 2% to 52.66. DeutscheBank (DB) rose 2% to 100.76. Deutsche Telekom (DT) rose 1.9% to 12.76.

The CAC 40 rose .6% to 5,688. AXA (AXA) rose 1.8% to 28.64. France Telecom (FTE) rose 2.9% to 20.23.

Data from Reuters

Douglas A. McIntyre