Grand Rapids Based Insurance Agency Recognizes Contractors ...

Grand Rapids, MI -- (SBWIRE) -- 08/02/2012 -- Citing the value of contractors to the local economy, Compass Insurance Agency breaks down some of the insurance needs for contractors, subcontractors, and independent contractors in a new article.

The article talks about liability insurance, workers compensation, commercial auto, and disability insurance in an attempt to motivate local contractors to observe their commercial insurance needs.

Compass Insurance Agency located in Grand Rapids, Michigan would like to announce some policies that help small business owners stay covered with all their needs. Please visit: http://compassagy.com/insurance-for-contractors/ to find out how Compass Insurance Agency can help your small business.

About Compass Insurance Agency
Compass Insurance Agency has a vision for helping people find broad coverage at a competitive price. They shop for you with multiple insurance companies which saves you time and money.

Contact
Address:
2258 28th St SE
Grand Rapids, MI 49508
Phone:
(616) 245-5555
Email:
info@compassagy.com

Source: http://www.sbwire.com/press-releases/grand-rapids-based-insurance-agency-recognizes-contractors-with-a-new-article-156595.htm

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Market reaction to Fed and ECB ... - Forex Trading Commentary

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Forex Flash: Market reaction to Fed and ECB announcements remarkably ...
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FXstreet.com (C?rdoba) - The dollar and yen are firmer, while the euro and most other foreign currencies are down as the ECB failed to implement new measures at today's policy announcement, according to the Wells Fargo team. "The euro initially rose as ...

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Nailing Down The Good Make use of Twitter - blog*spot

I am not your renovator even so know something about resources: As soon as used accurately, many people get the meant effects.

animated gifs The fact is that, many resources usually are not used accurately. As well as used your screwdriver to remove your nail mallet? Sure it is possible, though with much more hard work in addition to higher trouble.

Plenty of people would not consider having a school in order to accurately make use of a mallet. After all, you'll find nothing complex regarding this, suitable? What you know already that you may accurately make use of a mallet by simply looking at them, but tend to you get the utmost benefits from them?

If you agree with a mallet is as easy as it appears to be, assess the way you make use of a mallet while using the manner your woodworker may. Some sort of woodworker discovers how to keep in addition to safely and securely make use of a mallet; the methods where you can reach your nail that has a mallet to get best installation; as well as various employs of the numerous sorts of your hammers.

The song painters who will be finding the highest possible benefits outside of Websites like myspace are the type of whom use this beneficial, marketing and advertising in addition to communication tool such as a woodworker relies on a mallet.

Listed here are tips that will aid music artists make the most of the particular marketing and advertising, promo, in addition to publicity options available throughout the good by using your Websites like myspace site.

A single.) BUILD YOUR COMMUNITY: The goal of introducing pals should be to build a swimming pool regarding potential followers. If you have A hundred and also Twelve,500 pals, it doesn't matter if solely 15 of which consistently arrived at the demonstrates. Individuals 15 : regardless of how keen : cannot you. It's a good start out, but it's other Being unfaithful,888 that could actually you (and also aid you in getting your very own simple fact television show).

Exactly how do you construct a group regarding pals that should assistance your employment? Through captivating yourself to these : away from line. It is really funny, it's really. However, you must make the songs be a factor inside customers' lifestyles. An individual, as well as your songs, have to stand for an event that people want to be a part of. I am not just simply referring to demonstrates possibly. I'm referring to meet-and-greets, jamming events, and then for any functions to help promote your manufacturer or perhaps the triggers that you simply as well as your supporters trust. This consists of social functions, fundraising events, protests, etc. Something that provides the folks with each other in person is an excellent Page rank proceed in your case.

A couple of.) Create Your own Authority: Modify the configuration settings for your opinions site to merely have a look at using your approval. This can quit ridiculous opinions in addition to advertisements by getting submitted without you knowing and also approval. Ideally, all the opinions with regards to you for your site should state to the way amazing you are just as one artist and the way much people love the songs and also shows. Everything else (even though it's actually a meaning along with a scantily clothed babe and also adorable gentleman) will not a single thing in your case hence eliminate these...except in cases where there're music and singing the praises not surprisingly. Your entire open public opinions should paint a confident photograph of you which enables you look similar to somebody value learning the needs of.

3.) Papers Your own Account: Your current Websites like myspace site should inform your history regarding achievement (and also changing achievement). Your current history usually supplies the customers together with small in addition to genuine biographical info such as your location positioned, how we began, what the aims will be, and then for any information about the upcoming demonstrates, actions, and also functions. Certainly not all your existence history. Help you save this for your site with Wikipedia. Merely include things like small, to the point paragraphs together with real info : definitely not nonsense. It is beneficial to the particular mass media, marketplace experts in addition to supporters; allow them carry out the marketing in your case.

Several.) Provide them with A REASON TO RETURN: According to Mashable.com, the key web-site this records with web 2 . 0 news in addition to studies, folks spend more time looking at photos in addition to looking through blogs and forums with Websites like myspace than they conduct following songs (which is the reason many people superior their "photo album" features). Give the supporters motivation revisit the site through usually introducing and also varying your photos in addition to blogs and forums. Understand that each the blogs and forums as well as your images type perceptions with regards to you. What images would probably your online visitors move on together with once they seen the site currently?

Your five.) Develop a Simple to use Website page: Industry experts will likely not invest Several a matter of minutes awaiting the site to insert inside. Several a matter of minutes is good enough to get Justin Timberlake in addition to Madonna to avoid wasting the entire world, but it's too much effort on your site to insert inside.

Your current site will certainly insert inside quicker in case you eliminate chaotic qualification, enormous images, substantial images, a great number of super-hero gifs, in addition to many set videos. The actual marginal procedure for embellishing the site is effective (in addition to loads inside) most effective. 1 movie (that you would like individuals concentrate on) along with a link to your complete videos upon you Conduit is the best route to take.

Pertaining to the songs, put your better ft . (as well as your most effective melody) frontward through inserting them first for your playlist. Some sort of arbitrary choosing regarding websites reveals that the particular audio with the most range of works usually are shown first, and also are actually submitted for your website a long. All of us (everyone) are simply just related to the coolest trails, as well as your newest trails. Your current site should stand for a nice sense of balance between your not one but two.

Basic suggestions will let you nail across the good by using Websites like myspace for you to conduct a lot more significant network.

Source: http://religiona-z.blogspot.com/2012/08/nailing-down-good-make-use-of-twitter.html

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The Only Certainty? | Law Offices of Merwyn J. Miller Blog

The estate tax issue has basically been tabled.? Senate Democrats pulled estate tax from their tax proposal to extend the Bush tax cuts for those making less than $250,000 per year.? Evidently, the issue is too politically sensitive for politicians to handle; they would rather wait until after the election to create legislation.? However, in this case, something happens whether they want it to or not: the estate tax levels and rates change.

Now that it is a virtual certainty that Congress will not act on the estate tax before at least November, it could be difficult for clients and professionals alike to do significant planning at that point.? Thanksgiving and the December holiday period can make it difficult to accomplish much and will generally push contemplating one?s own mortality to one?s back of mind.? However, with such a dramatic increase in the estate tax, it is important to consult with your tax advisor, your attorney, and with your financial planner now to determine whether any action should be taken.

Estate planners often say that nearly everyone in California is subject to the estate tax at a $1 million exclusion amount because real estate is more expensive than in other areas of the country:? it is not uncommon for a California home-owner to have a $500,000 or more asset just to live in, which often requires its own special planning.? However, it?s important to remember that for estate tax purposes, the home is only worth its net value.? If you own a $500,000 home and have a $400,000 mortgage, for example, your home is only worth $100,000 for estate tax purposes.? In these next few months, take a really good look at what the net value of your estate would be tomorrow.? Is it over $1 million?

Your tax advisor can help you determine whether you would have a taxable estate with an estate tax exclusion amount of $1 million.? Depending on your assets, the rules can get fairly involved.? If you find that you could have a taxable estate, the next steps are:
1) If you are married consider whether you still have a taxable estate if you double your estate tax exclusion amount to $2 million. If not, verify that your trust is an A-B trust, which will allow each spouse to each use the full $1 million estate tax exclusion amount, even if Congress does not extend portability past this year.
2) If you are unmarried, or if you are married and your estate still exceeds $2 million (with an A-B trust), consider your realistic appreciation in asset value and living expenses.? If you will spend your estate below the applicable exclusion amount, then verify with your estate planning attorney that your trust continues to meet your needs.? However, you might also consider annual gifting, depending on your life expectancy.
3) If you find that your estate significantly exceeds the new applicable exclusion amount, you should discuss your options with your estate planning attorney before the end of the year.? You might consider using your higher exclusion amount this year, life insurance, irrevocable trusts, or other tools to help protect and preserve your estate for your heirs.? You might also consider keeping your current plan in place, given the proposals to revert to the $3.5 million exclusion amount ($7 million for a married couple with an A-B trust).
The waiting is over.? The time to really assess your estate tax situation with your professionals is now.

Estate Planning: The Price of Organization, Rewards, Gifts, and Wondrous Tax Things? FREE REPORT: This complimentary report, focused on Estate Planning, is comprised of many of Mr. Miller?s articles from his long running column for the largest regional newspaper in San Diego County. This report will guide you through the questions surrounding getting your estate planning in order.

Source: http://aboutlivingtrusts.com/blog/estate-planning-2/the-only-certainty/

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Higher income tax threshold proposed | SaigonMoney.com - The ...

The Ministry of Finance has suggested the Government increase the personal income tax threshold to VND9 million a month, up from the earlier proposed VND6 million.

Speaking at a press briefing on the Government?s regular monthly meeting on Tuesday, Deputy Minister of Finance Vu Thi Mai said a major upward revision of the tax-free income level has been proposed amid the current economic slump that has affected people?s incomes and sent consumption spiraling down.

The revised law on personal income tax is expected to be introduced in July 2013, six months earlier than earlier scheduled. The proposed amendments to the law also include significant adjustments involving deductions for dependents.

Along with the higher threshold for taxpayers, the deduction for dependents will also rise to VND3.6 million a month from the current VND1.6 million. Earlier, in the draft law the ministry prepared in March, the taxable threshold and deduction for dependents were expected to be lifted to VND6 million and VND2.4 million compared to the current VND4 million and VND1.6 million respectively.

Besides, the revised law will provide open regulations, which means the Government can ask the National Assembly Standing Committee for permission to revise deductions for dependents if there is a 20% rise in consumer prices.

Revisions will be based on criteria such as gross domestic product growth, GDP per capita, consumer price index, salary improvement projects, people?s living standards and income statistics. The Government will also adjust deductions by consulting the public.

The draft law may be passed at the National Assembly session at the end of this year after it gets the go-ahead from the Government.

According to the ministry, around 70% of 3.8 million taxpayers will be exempted from the personal income tax with the newly revised tax law coming into force. The law will also send State budget revenues dipping by VND5.2 trillion in 2013 and VND13.3 trillion in 2014.

The law on personal income tax has been in place since 2009. However, the current income-tax threshold and the deduction rate for dependents have become outdated given strong price hikes over the past two years.

The Saigon Times Daily

Source: http://www.saigonmoney.com/2012/08/01/higher-income-tax-threshold-proposed/

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Prayers for Our Pets: Prayer Request for Darla and Spike the Birds

From the comment section:

Please say a Prayer for my cockatiel Darla. She got suddenly lethargic and sleepy sunday eve. Vet gave her meds today and I get sick when any of my pets arent well. I'm not whole until they are. Also please pray for my other bird Spike who has a growth (non life threatening) that bleeds with the littlest bump. I want him comfortable and would love it to go away. Thank you all and bless you for this site.

Source: http://prayersforourpets.blogspot.com/2012/07/prayer-request-for-darla-and-spike-birds.html

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Fabulous Costa Rica luxury homes are best for your retirement

What does your dream home look like? Dreaming of retiring in a tropical paradise? One of the top retirement destinations today is Costa Rica. It is a beautiful Central American country surrounded by the Pacific Ocean and Atlantic Ocean. Costa Rica luxury homes offer great home properties with beautiful beaches, lush rainforest, idyllic weather and great landscape you will surely not want to miss. This small and fast developing nation is known for its stable and democratic government, quality and affordable healthcare, an open environment for foreign business and investments and a wealth of natural resources. With the current economy, retiring in Costa Rica might just be the perfect move for you and your family. Having a least one of Costa Rica luxury homes and properties will surely bring you closer to the prettiest beaches, tropical forests and exotic floras and faunas of Costa Rica. that?s is why this is the perfect place for people who loves the nature, animals, sports enthusiasts and people who want to have an entirely different lifestyle. Adventure tourism is very popular in Costa Rica and many companies offer various exciting activities like white water rafting, bungee jumping, jungle canopy tours, scuba diving, river and ocean kayaking, caving and sport fishing. For animal and nature lovers, Costa Rica home 32 national parks and more than 150 wildlife and reserves and refugees. This is the best place to spot marine fishes and 54 species hummingbirds, turtle nesting grounds, wet lands and rainforests. In addition, Costa Rica is more than just a nature paradise. It also offers plenty of wholesome entertainment to keep partygoer entertained. Even Costa Rica homes are not so far away from dozens of museums, galleries, bars, clubs, casinos and concert halls. Costa Rica also has a wide selection of fine restaurants and eateries that specialize in gourmet food from the world over and exotic cuisines. If you want a relaxing and rejuvenating experience, Costa Rica has a number of spas and health clubs scattered all over the place to soothe and calm the senses. For parents wishing to raise their children abroad and teach their children foreign languages, Costa Ricans place a very high value on education with a literacy rate of 96%. Furthermore, Costa Rica luxury homes are close excellent bilingual and trilingual schools teaching English, French, German or Spanish. Internet is also widely available throughout the country. This is no surprise why Costa Rica attracts migrating families from around the world.

Source: http://articlelib.org/fabulous-costa-rica-luxury-homes-are-best-for-your-retirement/

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Beyond 9 to 5: Making the Most of your Business Trip

Whether travel is part of your daily work routine, or perhaps only an annual?occasion, it can be challenging to make the most of your stay AND get all your work in. Today on GoAbroad, we feature a guest post from Issac?Bullen, where he shares four tips to make the most of your next business trip.?

Business travel can be a great way to see new places at the courtesy of your employer. Unfortunately, most people get bogged down by the business portion of the trip. Just because you?re on a business trip doesn?t mean that you can?t have some fun!

As long as you plan ahead and complete your business objectives there is no reason you couldn?t explore the area. Using your time wisely allows you to see beautiful countries within a limited time frame. Never feel guilty about taking some free time to enjoy the trip and live.

If you keep a few tips in mind when travelling for business, then you?re bound to have a good time. The following information will help you make the most out of business travel.

Research the Location Before You Leave

Since you only have a limited amount of free time on your trip, it?s best to research the area beforehand. Check out what the city has to offer. Read reviews and city guides to learn more about the area, publications such as the Lonely Planet?could be highly valuable here and never under estimate the importance of tips from the local people, mingle if you have time.

Always quiz friends and colleagues who have been there for suggestions. Make a list of things that you want to see and do while on your trip. Although you might not have time for everything, this research will give you some good ideas.

Whenever free time presents itself, use your list of ideas to explore the area.

Take Half the Stuff And Twice The Money

The old phrase applies here; you always end up with more clothes than you need and not enough cash by the end of your holiday.?Whenever feasible, only travel with a carry-on bag, you can get on the plane with your bag, move quickly and have more time for exploration.

Extend the Length of Your Trip

If you can, consider extending the length of your trip. For example, stay through the weekend instead of returning home on a Friday. Why not? Especially if you don?t work weekends anyway!

Lindsey Ueberroth, who is the Executive Vice President of Preferred Hotel Group, also recommends arriving a day early for business trips. This advice is especially good for those who are travelling internationally. Besides easing jet lag, an extra day also gives you some time to familiarise yourself with the new location.

In addition to this I always book morning flights and try to schedule my departure for later in the evening, I LOVE Hip Munk? for helping me with this.

Spend Time Exploring

Instead of taking a nap between meetings, use that time exploring the city or arrange an adventure after the meeting. It?s so easy to spend all of your time in the hotel room; especially if your jet lagged. However, your trip will be so much more rewarding if you?re willing to be adventurous. You may be surprised at what you find on the other side of the hotel door!

Get out and see what the place has to offer. This is the perfect time to pursue leisure activities or reignite the explorer in you.

Do you travel for work? What other tips would you share to make the most of a business trip? Tell us in the comments!

Isaac Bullen?has spent a lot of time traveling and spends his time working in digital marketing with a handful of successful global businesses such as Aon Hewitt?s pension administration?department.

Tagged as: business etiquette, business travel, domestic travel, GoAbroad Blogger Programs, GoAbroad Bloggers, GoAbroad guest post, Guest Post, Hip Munk, international education, international experience, Issac Bullen, Lindsey Ueberroth, Lonely Planet, travel tips

Source: http://www.goabroad.com/blog/2012/08/01/four-ways-to-make-the-most-out-of-your-business-trip/?utm_source=rss&utm_medium=rss&utm_campaign=rss&utm_source=rss&utm_medium=rss&utm_campaign=four-ways-to-make-the-most-out-of-your-business-trip

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Key Drivers of Repeat Visits in UK Business Travel in 2012: Survey ...

Synopsis The report is based on primary survey research of 465 industry professionals in the UK who travelled at least once in three months. The research was conducted by Timetric assessing its premium consumer panels. This report provides the reader with a definitive analysis of business travel outlook and explores how opportunities and demand are set to change in 2012. This report helps to understand key drivers for repeat visits. Topics covered include key drivers for repeat visits by travel frequency, age and company turnover.SummaryKey Drivers of Repeat Visits in UK Business Travel in 2012: Survey Snapshot is the result of an extensive multi-industry survey drawn from Timetrics exclusive panel of UK business travelers. It contains in-depth analysis on key drivers of repeat visits in UK business travel. This report examines and analyzes key drivers of repeat visits by business travelers to choose a particular hotel. Survey results have been presented and analyzed into segmentations based on travel frequency, age and company turnover.ScopeThe report features the opinions of hotel industry consumers (respondents) related to the following: Key drivers of frequent visits Strategic initiatives for repeat businessReasons To Buy Identify key features which influence frequent visits of business travelers.Key HighlightsNA

Original Post Key Drivers of Repeat Visits in UK Business Travel in 2012: Survey Snapshot source Researchmoz Market Research
Travel Services Reports

Source: http://www.healthcarestoreonline.com/wiki/key-drivers-of-repeat-visits-in-uk-business-travel-in-2012-survey-snapshot

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India power cut hits millions, among world's worst outages

NEW DELHI (Reuters) - Hundreds of millions of people across India were left without power on Tuesday in one of the world's worst blackouts, trapping miners, stranding train travelers and plunging hospitals into darkness when grids collapsed for the second time in two days.

Stretching from Assam, near China, to the Himalayas and the northwestern deserts of Rajasthan, the outage covered states where half of India's 1.2 billion people live and embarrassed the government, which has failed to build up enough power capacity to meet soaring demand.

"Even before we could figure out the reason for yesterday's failure, we had more grid failures today," said R. N. Nayak, chairman of the state-run Power Grid Corporation.

Prime Minister Manmohan Singh had vowed to fast-track stalled power and infrastructure projects as well as introduce free market reforms aimed at reviving India's flagging economy. But he has drawn fire for dragging his feet.

By nightfall, power was back up in the humid capital, New Delhi and much of the north, but a senior official said only a third was restored in the rural state of Uttar Pradesh, itself home to more people than Brazil.

The cuts in such a widespread area of the world's second most populous nation appeared to be one of the biggest in history, and hurt Indians' pride as the country seeks to emerge as a major force on the international stage.

"It's certainly shameful. Power is a very basic amenity and situations like these should not occur," said Unnayan Amitabh, 19, an intern with HSBC bank in New Delhi, before giving up on the underground train system and flagging down an auto-rickshaw to get home.

"They talk about big ticket reforms but can't get something as essential as power supply right."

Power Minister Sushilkumar Shinde blamed the system collapse on some states drawing more than their share of electricity from the over-burdened grid, but Uttar Pradesh's top civil servant for energy said outdated transmission lines were at fault.

Asia's third-largest economy suffers a peak-hour power deficit of about 10 percent, dragging on economic growth.

Between a quarter and 40 percent of Indians are not connected to the national grid.

Two hundred miners were stranded in three deep coal shafts in the state of West Bengal when their electric elevators stopped working. Eastern Coalfields Limited official Niladri Roy said workers at the mines, one of which is 700 meters (3,000 feet) deep, were not in danger and were being taken out.

Train stations in Kolkata were swamped and traffic jammed the streets after government offices closed early in the dilapidated coastal city of 5 million people.

The power failed in some major city hospitals and office buildings had to fire up diesel generators.

By mid-evening, services had been restored on the New Delhi metro system.

"PUSHED INTO DARKNESS"

On Monday, India was forced to buy extra power from the tiny neighboring kingdom of Bhutan to help it recover from a blackout that hit more than 300 million people.

Indians took to social networking sites to ridicule the United Progressive Alliance (UPA) government, in part for promoting Shinde despite the power cuts.

Narendra Modi, an opposition leader and chief minister in Gujarat, a state that enjoys a surplus of power, was scornful.

"With poor economic management UPA has emptied the pockets of common man; kept stomachs hungry with inflation & today pushed them into darkness," he said on his Twitter account.

The country's southern and western grids were supplying power to help restore services, officials said.

The problem has been made worse by a weak monsoon in agricultural states such as wheat-belt Punjab and Uttar Pradesh in the Ganges plain, which has a larger population than Brazil.

With less rain to irrigate crops, more farmers resort to electric pumps to draw water from wells.

India's electricity distribution and transmission is mostly state run, with private companies operating in Delhi, Mumbai and Kolkata. Less than a quarter of generation is private nationwide.

More than half the country's electricity is generated by coal, with hydro power and nuclear also contributing.

Power shortages and a creaky road and rail network have weighed heavily on India's efforts to industrialize. Grappling with the slowest economic growth in nine years, the government recently scaled back a target to pump $1 trillion into infrastructure over the next five years.

Major industries have their own power plants or diesel generators and are shielded from outages. But the inconsistent supply hits investment and disrupts small businesses.

High consumption of heavily subsidized diesel by farmers and businesses has fuelled a gaping fiscal deficit that the government has vowed to tackle to restore confidence in the economy.

But the poor monsoon means a subsidy cut is politically difficult.

On Tuesday, the central bank cut its economic growth outlook for the fiscal year that ends in March to 6.5 percent, from the 7.3 percent assumption made in April, putting its outlook closer to that of many private economists.

"This is going to have a substantial adverse impact on the overall economic activity. Power failure for two consecutive days hits sentiment very badly," said N. Bhanumurthy, a senior economist at National Institute of Public Finance and Policy.

(Reporting by Delhi Bureau; Sujoy Dhar in Kolkata and Sharat Pradhan in Lucknow; Writing by Frank Jack Daniel; Editing by Robert Birsel and Diana Abdallah)

(An earlier version of this story incorrectly reported the number of people affected by Monday's power outage)

Source: http://news.yahoo.com/india-power-cut-hits-millions-among-worlds-worst-000215820--business.html

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Markets stay supported by ECB hopes

LONDON (AP) ? Hopes that Europe is readying some firm action to deal with its debt crisis continued to support sentiment in the markets Monday at the start of a week that could also see the Federal Reserve also enact further measures to boost the U.S. economy.

Stocks, as well as the euro and the bond prices of Spain and Italy, have been buoyant since last Thursday's comments from European Central Bank president Mario Draghi that the bank "is ready to do what it takes to preserve the euro. Believe me, it will be enough."

Those comments raised expectations that, at the very least, the ECB will ramp up its bond-buying program in the hope of keeping a lid on Spanish and Italian borrowing rates. The recent sharp rise in Spain's interest rates raised concerns that the 17-country eurozone hasn't the capacity to bail out its fourth-largest economy, and raised the specter of Italy needing financial help too.

In Europe, Germany's DAX rose 0.6 percent to 6,730 while the CAC-40 in France was 0.5 percent higher at 3,295. The FTSE 100 index of leading British shares was up 0.4 percent at 5,648.

The euro however gave up some of its recent gains, trading 0.4 percent lower at $1.2258.

Making sure that Spain and Italy can continue tapping financial markets for cash appears to be the priority of policymakers despite a warning from Germany's central bank, the Bundesbank, that the line between monetary and fiscal policy should not be blurred.

Both Spain and Italy have seen the pressure on their bonds ease since Draghi's comments. The yield on Spain's 10-year bonds in the markets has dropped significantly below the dangerous 7 percent level to around 6.60 percent, while Italy was able to raise around a bigger than expected ?5.5 billion ($6.77 billion) in a round of auctions Monday. Crucially, the yield on the 10-year bond fell to 5.96 percent from 6.19 percent the last time it was offered, a signal of improving investor appetite.

"The pressure will be on for the ECB to actually deliver," said Geoffrey Yu, an analyst at UBS.

For now, investors continue to think that something will be delivered.

Wall Street was also poised for a modest retrenchment at the open later ? both Dow futures and the broader S&P 500 futures were 0.3 percent lower.

Most of the attention Monday will center on Europe, with U.S. Treasury Secretary Timothy Geithner due to meet Draghi and Germany's finance minister to discuss the challenges facing Europe and the global economy.

The spotlight this week won't just be on Europe: Fed policymakers are also meeting this week and there are growing expectations that in light of waning economic growth, they may announce a new monetary stimulus. The Bank of England also holds its monthly rate-setting meeting.

"With the ECB meeting this week, and the Fed and Bank of England also having their regular get-togethers, there is plenty of scope for central bank-inspired excitement," said Chris Beauchamp, market analyst at IG Index.

Earlier in Asia, Japan's Nikkei 225 stock average closed up 0.8 percent at 8,635.44 and Hong Kong's Hang Seng jumped 1.6 percent to 19,585.40. Australia's S&P/ASX 200 climbed 0.9 percent to 4,245.70 and South Korea's Kospi rose 0.8 percent to 1,843.79. China's Shanghai Composite fell 0.9 percent to 2,109.91.

In energy trading, benchmark crude for September delivery was down 10 cents at $90.03 a barrel in electronic trading on the New York Mercantile Exchange.

Source: http://news.yahoo.com/markets-stay-supported-ecb-hopes-095246618--finance.html

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