Factors affecting trading today

Global:

• Relief after Greece Election results. Elected party supports bailout and is willing to work with Euro countries. Rallies in some markets. Euro jumps to 1 month high and so does Nikkei.
• Spain and Italy continue to worry
• Fed not seen to take any major action. Bears may seize this chance.
• Gold dips after Greek election news
• Oil (Brent) below day's high
• China home prices drop lower and also deeper
• Indian markets collapsed after advancing after the RBI leaves interest rates unchanged.