Record highs for European markets ahead?

Mark Priest, senior trader at ETX Capital, sounds confident that the European market recovery may still have some legs to it. Over the past week, most European indexes climbed to multi-year highs, as aggressive easing measures from central banks offset worries over sluggish growth globally. Last week, the European Central Bank lowered interest rates in an effort to lure the region out of recession. Better data out of Germany this week, and trade and industrial production data earlier in the week too have helped.