Closing changes for the European bourses

  • UK FTSE 100 +1.3%

  • German DAX +1.4%

  • French CAC +2.3%

  • Italy MIB +0.3%

  • Spain IBEX +1%.

On the month:

  • UK FTSE 100 -5.1%
  • German DAX -6.5%
  • French CAC -7.3%
  • Italy MIB -8.0%
  • Spain IBEX -5.3%

Add in the 2.4% drop in the euro against the dollar and it adds up to a brutal month for foreign investors.

The CAC is an interesting one as it broke some key support levels but rallied today to prevent a close below them; which leaves a wishy-washy signal on the monthly chart.