1.   An overnight gain in Asian markets restored investor confidence in about other emerging markets.

2.   Argentine stocks rallied to eight-day highs as overnight gains in Asia encouraged investors to put money in other emerging markets.

3.   Bonds, meanwhile, pared an overnight gain as expectations for a Federal Reserve interest rate cut dwindled.

4.   HONG KONG stocks surged, posting their biggest gains ever, as overnight gains on Wall Street revived investor confidence in equities.

5.   Japanese government bonds rose after the dollar ceded much of an overnight gain in afternoon trading, improving the allure of yen-denominated debt.

6.   Overnight gains in U.S. tobacco makers buoyed B.A.T Industries.

7.   U.S. bonds pared most of an overnight gain as expectations dwindled that the Federal Reserve will cut interest rates anytime soon.

8.   U.S. stock gains overnight will convince Japanese investors that concerns about global interest rates climbing were overblown, traders said.

9.   U.S. bonds could cede an overnight gain, driving yields higher, amid signs President Bill Clinton and congressional Republican leaders are far from a deficit-reduction accord.

10.   Overnight gains in U.S. stocks also eased fears of a possible downturn on Wall Street, which could prompt foreign investors to take profits on Japanese stocks.