The FTSE,the Germany's DAX and France's CAC were up

[gnutrade.satya]

It was a bright day for the european markes like the Ftse ,the Dax and the Cac as stocks were heading for fourth consecutive quarterly gain with banks outperforming and stable oil prices encouraged energy stocks.
Klaus Wiener, head of research at Generali Investments said: "The next quarter should, on balance, be positive again because over the course of the quarter we will see a further reduction in sovereign credit risk. Despite today's numbers, we will see a positive employment report on Friday. Valuations are fair. They are not stretched, especially now since earnings are rising."
Steven Bell, director of hedge fund GLC said: "The move was muted and for good reason, the bigger picture is that the U.S. economy is stronger and economies elsewhere are recovering. We are in a strong cyclical recovery."
The FTSE,the Germany's DAX and France's CAC were up between 0.2 to 0.4 percent.