Closing changes on the day:
- Stoxx 600 +0.5%
- German DAX +1.3%
- Francis CAC +0.8%
- UK’s FTSE 100 +0.5%
- Spain’s IBEX +0.3%
- Italy’s FTSE MIB +0.9%
Closing changes on the week:
- Stoxx 600 +2.7%
- German DAX +4.0%
- Francis CAC +4.0%
- UK’s FTSE 100 +1.1%
- Spain’s IBEX +2.0%
- Italy’s FTSE MIB +2.9%
What’s not to like about this chart? European stocks have a lot of leverage to China and they’re responding to that and what looks like will be a dovish turn from the ECB and others.
This article was written by Adam Button at www.forexlive.com.