After opening quietly the DOW rallied up to highs of 11,555 before pulling back from highs to close at just over 11,500 for a gain of 90 points.
The FTSE moved higher yesterday closing the day above both 5500 and the 50 EMA at 5528.
The DOW Futures are being called down 42 and the FTSE daily future is being called down 48. Crude Oil is trading at 119 dollars a barrel and Gold is trading at 840 dollars a troy ounce.
Today’s major announcements surround a clutch of German Economic announcements giving an indication of the state of the Euro Economy and later on today the US GDP figures.
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