The FTSE 100 was trading at its highest level since early August this morning, as optimism over the crisis in Europe continued to cheer investors.
Managers are moving back into global equity markets as the VIX ‘fear index' falls from a recent peak.
JO Hambro Capital Management's Paul Wild has urged investors not to give up on Europe as a "grand plan" is on its way.
The week has once again been dominated by the eurozone crisis, with a crucial meeting taking place today, while the regulator has warned the Arch cru debacle may not be anyone's fault.
The president of the European Commission has warned the eurozone's banking system needs to be fully recapitalised to ward off a systemic crisis, at cost of hundreds of billions of euros.
The Treasury is concerned the EU directive MiFID II will distort the UK advice market by restricting the commission ban to independent advisers.
Former Prime Minister Sir John Major has told the BBC Europe must recapitalise its banks and Greece "needs to default" on its debts, to help bring an end to the eurozone debt crisis.