There was nothing really encouraging on the day. I would expect that with Europe opening down, that will continue in the U.S. and back into Asia.
Foreigners were generally beefing up their weighting in Asia. They were extremely underweight in Asia not too long ago and they are trying to get a neutral stance.
It was very, very quiet today. It was helped by overnight markets and neighboring markets.
It makes a lot of sense for them to sell a non-performing, non-core asset and switch into a regional or domestic bank.
