"Asian shares rose to a one-month high and the euro clung near its strongest in a week on Friday as strong demand in Spanish and Italian debt sales tempered risk aversion ahead of another auction from Rome later in the day."
Chikako Mogi wrote in an article I found on yahoo.finance.com It's a good read http://finance.yahoo.com/news/global-shares-gain-strong-debt-012148460.html
keep your eyes open, and don't be surprised if the foreign markets keep rising throughout 2012.