Markets in Europe were up at 6.40 AM.

The FTSE was up .7% to 5,744. Barclays (BCS) was up 4.6% to 474  BP (BP) was down 1.9% to 502.5.

The DAXX rose 1.4% to 6,629. Deutsche Bank (DB) was up 3.2% to 74. Infineon was up 6.1% to 4.72.

The CAC 40 rose 1.3% to 4,766. Alcatel-Lucent (ALU) was up 3.3% to 3.74.AXA (AXA) was up 3.1% to 23.7.

Data from Reuters.

Douglas A. McIntyre