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European stocks set to open higher this morning-check out the FTSE 100 futures right now
The major European stock markets all closed higher yesterday and the lead in that respect was the CAC 40. However, strangely those gains were not reflected in a higher close for the EURO STOXX 50. This morning those indexes are set to open higher and the FTSE 100 is threatening to reclaim its 21 day moving average. It rejected that yesterday when it lifted closed to 7,900, but later fell back to close ay 7,847. Earlier the index had stalled at 7,893 and that 21 day moving average was in place at 7,899, as of the close, The index future is right now pricing a reopening close to 7,900 this morning.
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