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European fairness shut: Rough begin to the brand new month

It was a tough start to the new month in Europe, similar to heavy selling in Japan.

Closing changes:

  • Stoxx 600 +1.3%
  • German DAX +2.3%
  • UK FTSE 100 +1.1%
  • French CAC +2.2%
  • Italy MIB -2.6%
  • Spain IBEX -2.0%

BMW shares were beaten up today after earnings and German stocks are now testing the July lows.

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

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