The FTSE 100 is not exactly flying higher in early trading this morning. The same can be said of the DAX and more especially the CAC 40 too. Yesterday the FTSE 100 bottomed out at 7,915 and then rebounded, to close back above 8k, at 8,008, with a loss of 166 points on the session. Of course it effectively opened higher today, but it has since fallen back in the first 15 minutes of live trading, replicating what we are seeing in the CAC and the DAX. That said, the FTSE 100 is still holding above 8k this morning and it will be important, that it remains that way as the morning unfolds and any positive momentum from the higher opening is not diminished