It was a big day in European stock markets but nowhere bigger than in Italy, where the MIB ripped 3.6% higher after a 2.8% fall on Monday.
That’s a beautiful bullish reversal and with the political and fiscal situation in Italy improving, this index looks like Europe’s best to me. Elsewhere, the CAC, DAX and IBEX were all up 2.5% and in the UK, the FTSE 100 rose 1.7%.
