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FTSE 100 on the front foot this morning

As noted in the previous update, the FTSE 100 was the positive outlier amongst its European peers on Friday. The index bucked the lower closes that surrounded it, when it closed 50.93 points higher, at 7,964.18. Barring the usual book entry opening level this morning, the index is set to effectively opening substantially higher again today. That opening call was quite a bit higher earlier today and close to 8,150. The futures have pared that just now though and as that opening looms, the index is right now effectively priced to reopen around 8,100 
 

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