- FTSE +0.7%
- Cac +0.5%
- Dax +0.5%
- Ibex +1.5%
- FTSE Mib +1.0%
The panic merchants have been calmed, particularly in Spain where it could have gotten hairy if the Scots had won a yes vote. It’s unlikely to keep the Catalan genie in the bottle, but the initial pressure is off.
Stocks have also been heartened by the Nikkei which reached the highest for 7 years as it closed up 1.58% at 16321, 43 ticks off the high. There’s still a bit of work to do if we want to return to the 2006/2007 highs but the signs are promising.
Nikkei monthly 19 09 2014
