European stocks were very strong yesterday in what looked like it could be a reversal but the bears returned today and left indexes lower on the week.
On the day:
Stoxx 600 -0.8%German DAX -0.1%France CAC -0.5%UK FTSE 100 -0.2%Spain IBEX +0.7%Italy’s FTSE MIB -0.5%
On the week:
Stoxx 600 -0.7%German DAX flatFrance CAC -0.9%UK FTSE 100 -0.1%Spain IBEX +0.6%Italy’s FTSE MIB +1.1%
Her is a sobering chart on European industrial production.
This article was written by Adam Button at www.forexlive.com.
