FTSE just went POW!

Broke 7000 on news of greece deal. Where will head to now?

Doesn’t particularly excite me - FTSE has been a long standing lagger vs it’s European or US counterparts lately. What surprised me was IBEX today - was up >3%. Euro was up >1.5%, so on a relative basis GBP and FTSE haven’t really surprised me.

What happens to FTSE in medium term is a function of May elections than anything else.

I see volatility leading up to the election

^ Of course, as always - but it’s not gonna be anything compared to what we had in the run up to Scottish independence vote