Western Europe – markets cheered by positive close on Wall Street and closing campaign in Iraq. Brokers see buyers in Nokia, TotalFinaElf, Telefonica, BNP Paribas, BSCH, ING, Dte Bank, E.On and Deutsche Telekom. GlaxoSmithkline losing some after CalPERS pressed company to lower price of AIDS drug. BASF unchanged after premises raided by EU officials in price probe. Allianz up by over 9% as share goes ex-rights today. These will trade from noon today. Busy earnings calendar.