Aberdeen's multi-asset specialist Mike Turner has outlined three crucial factors which must be aligned to support a sustained equity market rally.
Markets around the globe sold-off overnight after ECB President Mario Draghi failed to provide the stimulus the market had expected to tackle the eurozone crisis.
London's leading index was 60 points higher in afternoon trading despite a slump in UK manufacturing data, as Next and Standard Chartered lifted the market.
Facebook shares have fallen 15% after the company reported a drastic slowdown in revenue growth and failed to reassure investors on its ability to boost advertising growth.
The US economy has beaten forecasts from analysts after it expanded by 1.5% in Q2.
European stocks are climbing after a four day sell-off, following a pledge from European Central Bank president Mario Draghi that the ECB will "do whatever it takes to preserve the euro".
Apple shares led the fallers on the Nasdaq shortly after open following a disappointing second quarter trading update from the tech giant.
Markets dipped into the red this afternoon after a weaker start in the US, as a round of poor corporate updates weighed on investor sentiment, compounding eurozone fears.