European exchanges, unlike others, managed to open with a growth. European investors are waiting for positive decisions from the US Federal Open Market Committee. After the two-day meeting, which is finishing today, specific measures will be taken to fight crisis in eurozone. European quotations have also undergone the favourable impact of Chinese statistical data.
German index DAX 30 has reached 6 790.11 points, having risen by 0.26 percent. CAC 40 (France) has risen by 0.56 percent – to 3 310.23 points. British FTSE 100 has added 0.1 percent, having risen to 5 642.82 points.
Experts of have the following opinion about FTSE 100: 5-wave structure seems to have finished; however, wave (5) has proved to be too weak against waves (1) and (3). In this respect there is an alternative opinion that 4th wave is being formed. If this opinion is right, today the index should update 5707 high.
