FTSE 100

The FTSE 100, European indices, and US shares all fell on Monday as investors took profits from recent rallies amid signs of a slowdown in China.

Marlborough's Giles Hargreave has reversed his notoriously bearish stance on equity markets for the first time since 2008, telling investors now is the time to be fully invested.

Equity markets globally rose overnight, mimicking the trend seen across Europe yesterday, as investors cheered more positive data from the US.

The IMA £ Strategic Bond sector was more closely correlated than UK small-cap funds to the FTSE 100 last year, data has revealed.

The FTSE 100 was sharply lower by early afternoon following G20 leaders' warning additional aid will be withheld from the eurozone until its members pledge more support for stricken European countries.

Shares in the Royal Bank of Scotland led the FTSE 100 leader board in early trading despite the group posting a larger than expected loss of £2bn.

ETFs

The FTSE 100 raced to its highest level in seven months this morning, having made solid gains last week, as mounting optimism over a successful Greek deal lifted sentiment.

European markets are expected to open in the black in early trading, boosted by growing expectations Greece is on the verge of securing a bailout deal.

Shares in the US raced near to highs last seen in 2011, while UK indices reached new highs for 2012, as investors welcomed further talks between Germany and Greece.