The FTSE was flat in early trading this morning at 5345.24 points as Europe's markets regained some composure after going into temporary freefall over the past two days.
By 9.30am the FTSE was up only three points while Germany's Dax rose 0.2% at 5968.78 points and France's Cac 40 had dropped only 0.2% to 3628.03. The calm follows a day of rioting in Athens yesterday as protestors campaigned against the planned austerity cuts. Markets tumbled as investors feared contagion could spread throughout the eurozone. In the US overnight, the Dow Jones fell by 0.54% to 10.868.12 points and in Asia the Nikkei 225 closed today 3.3% lower at 10,695.69. Despite markets weathering the storm, the euro fell further today. Yesterday it sank as low as $1.2805, its n...
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