You know the market is a joke when Italian stocks rally almost 4% on hints of the European Central Bank buying Italian bonds when they’re already at record low rates. Here are the changes for the main equity markets in Europe:
- UK FTSE +1.2%
- German DAX +2.6%
- French CAC +2.7%
- Italy MIB +3.9%
- Spain IBEX +3.2%
The Italian MIB is a nice looking chart:
Italy MIB daily