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European fairness shut: Early declines erased

With the US on holiday, European traders had little incentive to get markets moving today. There was some early selling that recovered for a flat close.

  • Stoxx 600 flat
  • German DAX +0.1%
  • Francis CAC +0.2%
  • UK’s FTSE 100 -0.2%
  • Spain’s IBEX flat
  • Italy’s FTSE MIB -0.1%

I would expect price action to perk up tomorrow and September is typically a volatile month.

This article was written by Adam Button at www.forexlive.com.

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