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Markets Up Around The World

Jul 18, 2013, 14:37 IST

Wikimedia CommonsMarkets are making modest moves in Europe.

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England's FTSE 100 is up 0.4%.

France's CAC 40 is up 0.2%.

Germany's DAX is flat.

Spain's IBX 35 is up 0.6%.

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Italy's FTSE MIB is up 0.3%.

In Asia, Japan's Nikkei jumped 1.3% to an 8-week high.

U.S. futures are basically flat ahead of the open.

Federal Reserve Chairman Ben Bernanke heads back to Washington to testify before the Senate Banking Committee at 10:30 a.m. ET. Economists expect him to reiterate that monetary policy will be directed by economic data, not any preset schedule.

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