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Its all green for Europe on the opening-FTSE 100 has 8k back on the radar this morning

As earlier noted it was a sea of red across the European stock markets yesterday and the losses were led by the DAX (1.32%). The CAC 40 closed 0.86% lower and the best performer amongst the tope three was the FTSE 100, with a 0.11% loss on the day. The index closed just 8 points lower, at 7,934. However, the index is on the rebound this morning. It has just now reopened effectively above 7,985 and it is matching early percentage gains seen in the DAX in very early trading. Of course that 8k level is back on the radar again today, but it remains to be seen, if the index can later rise above that level and perhaps, more importantly set a daily close above it. 

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