Equities paring earlier losses but still in negative territory 5 Dec

  • FTSE -0.4%
  • DAX -0.1%
  • CAC40 -0.4%
  • FTMIB -1.7%
  • IBEX -0.9%

Italy understandably coming under the fiercest attack. Bank index down 3.3% but other EZ banks also having a wobble.

Update 08.07 GMT - DAX now up +0.82% as trading officially gets into its stride. CAC 40 +0.2%, FTMIB - 1.2%