The chief executive of the London Stock Exchange Group this morning hailed a turning point in the global economic recovery and said he was optimistic on the market outlook.

Speaking to Financial News this morning following the group's preliminary full-year results announcement, LSE Group chief Xavier Rolet said: "I see a broad based economic recovery in the US and job-creation in the EU, and a recovery in China. The eurozone is doing much better than it was 12 months ago - we've seen Greece upgraded - and a framework for growth is now central to the debate in Europe. I cannot help but feel optimistic."