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European equity close: DAX leads the way as more rate cuts seen following CPI

Closing changes in Europe:

Stoxx 600 +0.6%German DAX +1.0%France CAC +0.7%UK FTSE 100 flatSpain IBEX +0.3%Italy’s FTSE MIB +0.4%

On the week:

Stoxx 600 +0.4%German DAX +1.6%France CAC -0.2%UK FTSE 100 +0.3%Spain IBEX flatItaly’s FTSE MIB -0.25%

It was a poor start to the week in Europe but turned around nicely on Thursday and Friday.

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

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