Eurozone Solution close now?

Markets are set to follow the Asian lead and open in positive territory this morning on promises that a solution to the Eurozone debt crisis is a mere week or so away.

The G20 meeting in Paris concluded over the weekend, with an announcement that the plans they have thrashed out will be made public at a further meeting on October 23rd in Bruxelles.

This should cover the Greek debt crisis and possible recapitalisation of European Banks and once these massive problems have been dealt with, it will be the state of the global economy that will drive market direction.