Lenhoff

"The good news is that a broad outline for a workable agenda has been put in place where none existed before and this is progress," said Mike Lenhoff , chief strategist at Brewin Dolphin.

European Stocks Rally Michele Maatouk 2011

Mike Lenhoff , chief strategist at Brewin Dolphin, said that, in contrast with the euro zone, the developing world still has plenty of scope to stimulate economic activity through cutting interest rates.

Ericsson, Miners Help Lift Europe Simon Kennedy 2011

Agreeing is one thing, but implementing is another and they want assurance that Greece will live up to the agreement, said said Mike Lenhoff , chief strategist at Brewin Dolphin.

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Mike Lenhoff , chief strategist at Brewin Dolphin, said stocks have been jittery in Europe amid a heavy week for U.S. data that culminates in the August jobs report on Friday.

Europe's Stocks Firm Barbara Kollmeyer 2011

"It was around the summer that the markets really became quite obsessed with what was going on in the euro zone, particularly the stress in the funding markets, and realized that there was a banking crisis," said Mike Lenhoff , chief strategist at Brewin Dolphin.

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"Third-quarter earnings in the U.S. have been reasonably good and on balance, better than expected," Mr. Lenhoff said.

Has the FTSE 100 Turned the Corner? Michele Maatouk 2011

Among those surveyed, Mike Lenhoff , chief strategist at Brewin Dolphin is the most bullish about the index's prospects.

Has the FTSE 100 Turned the Corner? Michele Maatouk 2011

Mr. Lenhoff said that with the groundwork in place for European countries to be able to handle their debts, the market can now turn its attention to other factors, such as corporate profits.

Has the FTSE 100 Turned the Corner? Michele Maatouk 2011

A fall back to the 5500 level in the next week or so is possible, Mr. Lenhoff said.

Has the FTSE 100 Turned the Corner? Michele Maatouk 2011

Brewin's Mr. Lenhoff said European policy makers need to provide the details of their crisis-fighting plans and until they do that, they will lack credibility with the markets.

Euro Crisis Brought Pain, No Gains Polya Lesova 2012