Poland says it received sharply lower than expected supplies of Russian natural gas this week via Belarus, which made it harder to send gas back to Ukraine. Russia cut supplies to Ukraine as part of its program to back separatists in the east of the country.

Overnight markets have shaken off the mixed US earnings tape to trade higher across credit, FX and equities. The major mover during the Asian timezone is the AUD, which is about 0.4% firmer against the greenback following the Australian CPI print which rose to +3.0% YoY.

All in all a rather uneventful quarter as the company prepares for the all important iPhone 6 release in two quarters, and a test of whether it still has the magic to wow consumers with a new product launch.

Biotechnology was full of success stories in 2013. And some of those stories just got more exciting in February as the Nasdaq Biotech Index (IBB - Trend Report) rallied 13% off the lows.