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Global Markets Update: European and Asian Markets Rise Ahead of LTRO

Tuesday, 28 Feb 2012 | 5:10 AM ET

US markets look to open healthily in the green on Tuesday with European shares steadying on anticipation that the European Central Bank's second longer term refinancing operation (LTRO) operation would further ease balance sheet pressure among banks. Asian shares also ended higher on Tuesday as markets waited to gauge risk appetite that has been somewhat dented by worries over high oil prices.