The FTSE's recovery is under way and it is heading towards a short-term trading target at 5680, says Warren Firth at www.globalprimepartners.com.au.
With the uncertainty of the Greek election now behind us, the European Central Bank, the US Federal Reserve and the Bank of England are all likely to engage in quantitative easing, which could trigger a larger move towards the FTSE's longer-term objective at 6920.
