Broad based global equity markets suggest the Fed cut interest rates.

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Hearing, seeing the stock market has experienced many years of bull market will fall into the "Xiong Tu", the Fed once again sent a rescue signal. .</ P> <P> 28 Fed Vice Chairman Donald Kohn said, the face of worsening economic outlook and uncertainty, the Fed must be "flexible" response. .The statement that investors in the next month on the 11, the expected increased sharply cut interest rates again, by this incentive, all three major U.S. indices ended the day rose more than 2.5%, and the two-day record 5 consecutive years of record gains. .European stock markets also hit a 4 and a half day, its biggest one day gain. .</ P> <P> Asia-Pacific stock markets opened yesterday, rose across the board, of which, the Nikkei index rose 2.4%, China 4.1% Hong Kong stock market soared, both hit the highest point in two weeks. .</ P> <P> two-day gain in 5 years U.S. stocks the largest </ P> <P> stimulated by Cohen's speech, the U.S. stock market surge in 28-round, extending the previous day because the United States caused by the huge injection of a strong, .and make gains for two consecutive trading sessions to reach the highest record in 2002. .</ P> <P> close at 28, New York, all three major indexes rose more than 2.5%. .Specifically, the Standard & Poor's 500 index rose 40.79 points to close at 1469.02 points, or 2.86%, the index has risen 4.4% in two days, since October 2002 is the largest increase;, the Dow rose .by 331.01 points to close at 13,289.45 points, or 2.55%, to April 2003 the biggest single-day rise, and all 30 stocks rose; the Nasdaq rose 82.11 points to close at 2662. .91 points, or 3.18%. .</ P> <P> stocks, Citigroup and other financial shares were the most eye-catching. .Citigroup rose $ 1.97, to $ 32.29, or 6.5%, the Dow is the largest one in the rose. .It is said that a banker with Citigroup contact, Citigroup and Bank of America to discuss the possibility of merger, Citigroup has so greatly increased the popularity of the stock. .</ P> <P> other financial stocks, Lehman Brothers, Morgan Stanley, Goldman Sachs and other heavyweights rose more than 5%, S & P 500 index of banks and securities biggest increase occurred in 2002. .EBay and Amazon led the Nasdaq higher, with institutions predict that the two companies will be strong growth in fourth quarter earnings. .</ P> <P> analysts said Cohen's speech will launch a series of Federal Reserve increased interest rates expectations, the market was relieved that the credit crisis, the worst may be over. .</ P> <P> European stock markets record the highest increase in 4 years </ P> <P> by the United States may continue to cut interest rates and U.S. stocks rose stimulation, the same European stock markets closed sharply higher 28, the end of the previous two consecutive days or .potential, the day the FTSE Eurofirst300 index rose 2.7%, the highest in more than four years and biggest daily gain. .</ P> <P> 28 closing, the Dow Jones Stoxx 600 Index rose 2.77%, at 364.09 points; European Dow Jones 50 index rose 96.12 points, or 2.67%, to 3690.74 points; Dow Jones EURO STOXX 50 Index was up 97.30 points, .rose 2.30%, at 4321.74 points. .Three major European stock markets, the London FTSE 100 index rose 2.7%, to 6306.20 points; Paris CAC40 index rose 127.04 points, or 2.34%, to 5561.21 points; Frankfurt DAX index rose 192.31 points, or 2.55%, at 7723.66 points. .Major investment bank UBS and other European financial stocks for the optimistic report released to promote the strong-related stocks, and promote the broader market sentiment, the Fed cut interest rates sent the signal area, and further encouraged buying. .</ P> <P> yesterday after the opening bell, European stocks continue to rise. .Fortis of Belgium led the financial institutions, primarily by the shares of Ping An announced the news of stimulation. .Credit Suisse Group also rose. .Fortis was up 5.2% in early trading, to 19.12 euros. .Credit Suisse rose 1.7% to 67.55 Swiss francs. .BNP Paribas rose 1.3%, to 75.43 euros. .</ P> <P> Asian markets Zhangshengyipian </ P> <P> Asian markets Zhangshengyipian 29 after opening, the second consecutive day U.S. stocks rose overnight, boosted market sentiment, given the Fed might cut interest rates again officials .implication, that investor worries about the future of the U.S. economy slowed. .Toyota Motor and Samsung Electronics as the main market in the United States, Asian exporters have been sought after. .</ P> <P> as of yesterday's close, the Tokyo stock market rose 2.38%, at 15,513.74 points, its highest close since January 9 level. .Topix index also rose 2.63%, at 1514.47 points. .South Korea's stock market rose 2.34%, at 1877.57 points. .Australian stock market rose 1.15%. .China's CSI 300 Index rose 4.2%. .China Taiwan stocks closed at 8447.03 points, up 2.06%. .</ P> <P> other parts of the stock market has significantly strengthened across the board, Singapore stocks rose 3.2%, Indian stocks rose 0.3%, Indonesia's stock market rose 1.8%. .Hong Kong stocks soared 1,111.30 points, an increase of 4.1%, at 28,482.54 points, marking the highest since Nov. 15 closing price. .Hang Seng China Enterprises Index rose 4%, to 17,014.13 points. .Over the past 5 days in the index rose 9.5%. .</ P> <P> stocks, the world's largest car market maker Toyota the biggest one-month gain, closing up 3.8%, to ¥ 6,230; Samsung is Korea's largest exporter rose 4%, to 566,000 Korean .round, the highest since Nov. 15 points. .Financial stocks have also strengthened. .Sun Hung Kai Properties of Hong Kong property developers rose as investors expected the decline in interest rates will vary with the United States. .</ P>.