The American Depository Receipts for the banks were up between 1/2 - 1 % overnight. This is positive,but less than the resource stocks such as BHP (Up 2%).
Should be a good day all over today, albiet slightly subdued due to interest rate concerns.
Nearly all the key firms are expecting a 25 basis point increase, so the surprise will be if we get anything else than that.
Expect a surge between 10:00-10:30am, then lower volume for the rest of the day.