[Traders work on the floor of the New York Stock Exchange May 14, 2015. REUTERS/Brendan McDermid ] DAVE LUTZ, HEAD OF ETFS AT JONESTRADING, HAS AN OVERVIEW OF TODAY'S MARKETS. * Global markets are green on Wednesday and seem to be shrugging off North Korea's latest missile launch. * The Pound is climbing higher on Brexit divorce bill settlement. * Bitcoin crossed the $10,000 a coin mark on Tuesday and doesn't seem to be slowing down. HERE'S LUTZ: > Morning! Global Futures continue higher, driven by a bevy of > positive Macro headers (Tax thru Senate Committee, Powell on Banks, > London on Brexit) outweighing concerns of North Korea’s latest > attack on the Ocean. US Futures up 20-30bp, mirroring action > overseas. The DAX is climbing 1% in decent volume - Banks leading > stock markets in Europe and Japan higher after Powell’s Testimony > yesterday caused US Banks to have their best day since March, > pushing EU Fins up 1.5%, while Autos are jumping on Daimler > headers. The EU Periphery is strong, driven by Greece up 2% as > their Banks rip nearly 8% higher as positive headers roll. The > Pound Rally a big headwind for FTSE tho, with London trading off > 60bp as their Exporters get mushed. Asia shrugged off the > North’s latest missile test - TOPIX up 80bp - Hang Seng lost 20bp > - Shanghai added small, rebounding from early weakness - KOSPI > basically unch despite Samsung continuing to be under pressure - > Vietnam up 1.2% on reports the Government is selling ½ its stake in > Saigon Beer, and Aussie up 50bp > > Ahead of Yellen at the Joint Economic Committee of Congress today, > the US 10YY is drifting near yesterday’s highs, just under 2.35% > as bunds see some slight selling pressure. The DXY is basically > unchanged, recovering from early losses as the Pound climbs to > two-month high on Brexit divorce bill settlement. Euro was > climbing after strong German regional inflation readings, but has > surrendered most gains. Korea’s Won and Japan’s Yen showing no > reaction to the North’s latest Missile Test. Gold off small, > but eyes on Bitcoin up another 8% and well thru $10,000. Ore > jumping another 1.6%, while Spot Rebar squeezes higher in China, but > we have Copper getting hit for 70bp early. WTI still seeing > sellers into the OPEC call tomorrow as API inventories showed > another build, against expectations for a drawdown, while Natty > continues the recent upward trajectory, gaining 2.5% early. HERE ARE THE 10 THINGS YOU NEED TO KNOW TODAY. SEE ALSO: 10 THINGS YOU NEED TO KNOW BEFORE THE OPENING BELL Join the conversation about this story » NOW WATCH: The stock market is flashing warning signs
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