European stock indices are strengthening on positive data from the USA. Investors had expected weaker performance but the stats came out better than expected, thereby pushing stocks and indices.
The current situation looks as follows:
· Stoxx Europe 600: +0,8% up to 277,74.
· FTSE 100: + 0,54 % up to 6061,48.
· CAC 40: + 1 % up to 3631,65.
· DAX: + 0,88 % up to 7759,9.
The chart below, courtesy of Masterforex-V Academy, reflects the current state of affairs in the market of FTSE100:
