Markets in Europe were higher at 6.25 AM New York time.

The FTSE rose 1.3% to 5,937. BHP Billiton (BHP) rose 4% to 1441. Vodafone (VOD) rose 4% to 178.

The DAXX moved up 1.6% to 6,928. BMW rose 4.2% to 37.99. Deutsche Telekom (DT) rose 2% to 13.73.

The CAC 40 traded higher 1.2% to 4,974. Alcatel-Lucent (ALU) rose 4.8% to 4.38. EADS moved up 5.5% to 17.55.

Data from Reuters

Douglas A. McIntyre