A very wealthy nation by the Caspian Sea.

The Republic of Azerbaijan is located on the south-eastern corner of the Europe, bordering on the north with Russia, north-west with Georgia, west with Armenia, and south with Iran. On the east the Caspian coastline stretches north to south for 800 km. In the south-west, the Nakhchivan Autonomous Republic of Azerbaijan, separated from the mainland by Armenia, has also a small (17 km) border with Turkey.
Azerbaijan is a predominantly Muslim country with deeply rooted secular traditions.It regained its independence in 1991 after the collapse of the USSR.
This energy-rich Caspian nation, where oil was first drilled in 1848, is now the locus of Europe's effort to wean itself from dependence on Russian natural gas.
Baku, the capital of Azerbaijan, is booming: gross domestic product growth was more than 9 per cent last year; the hundreds of big, shiny commercial and residential buildings under construction are a result of its oil and gas wealth. Prince Andrew has visited the city often over the past six years, as he tries to promote British business interests in the region.
The capital is also at the centre of one of the most important geopolitical issues of modern times, the security of the European Union's energy supplies. Azerbaijan, with the BP (BP)-led Shah Deniz-2 field, is expected to be the major natural-gas supplier to the Nabucco pipeline, which will run 3,300km from Erzurum, Turkey, to Austria.

The Dow Tuesday 23/03/10.

Asian index futures rollover of contracts to start.
9:30am:-Bullish spike open due tothe President of the Federal Reserve Bank of St. Louis,who offered an encouraging impression regarding the state of the economy by saying the U.S. economic recovery is on track and that labor data should look better in March and beyond.

10:30am:--Opening gap being filled immediatel and rebounded to session high.

11:30am:--Pullback to bear pivot,February Existing Home Sales down 0.6% from January .

12:30noon:--Retracement to morning high again with slight pullback hanging at bull pivot.

1:30pm:--Session new high with bearish hammer.Uncertainty about the EU's support for Greece.

2:30pm:--Another rebound due to a pullback in the dollar,

3:30pm:--Ascending bulls to new day's high.

4:00pm:--A slight half-body pullback to be expected.

A surge in buying interest overruled early reports discussing a rift developing in the eurozone with respect to EU-funded aid for Greece should it be needed. The headlines on that matter changed by the hour, yet the headlines tended to favor the notion that Germany will ultimately come around to support an EU plan for Greece should it be needed.

The Dow is about 200.0 points more to breakout the 52 weeks high.The stock market remained biased toward the long side.