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.