Stock markets in Europe and the US have been rebounding for the most part this morning after both the ECB and the Bank of England stayed the course at their non-event meetings this morning. ECB President maintained a dovish tone at his press conference but did not announce any plans to accelerate his stimulus plans even though data from Germany and Spain came in weak again. The Dax and MIB were trading in positive territory on the day but have nosedived since the press conference started along with the IBEX while the FTSE is basically treading water. US indices had tried to rally but the Dow ran into a brick wall near 16,500 as US jobless claims dove back under 300K a sign of a strong job market that keeps the pressure on the Fed to do something on interest rates sooner than previously planned. Gold and silver have stalled a bit with silver slipping back under $20.00 this morning but may remain active as political fears come and go. Grains are also dropping back a bit on no major news out of Ukraine overnight. In currencies today, NOK is rebounding and outperforming its peers on the back of better than expected Norwegian industrial production. AUD, on the other hand reversed yesterdayâs gains and has been slammed lower as a disappointing Australian job report may keep the RBA in the neutral to dovish camp. CAD is holding its own against the greenback today but has the potential to be quite active over the next 24 hours with Ivey PMI due later this morning, and Canada jobs due tomorrow morning. Canadian stocks may also be active today with a number of earnings reports out from key companies.