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European equity close: Rough start to the 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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