Closing changes for the main equity bourses

  • UK FTSE 100 +0.5%

  • German DAX -0.3%

  • French CAC -0.6%

  • Spain IBEX +0.4%

  • Italy MIB +0.3%

For the week:

  • UK FTSE 100 +0.9%
  • German DAX +0.3%
  • French CAC +0.1%
  • Spain IBEX +0.2%
  • Italy MIB -0.8%

Not a bad week, all things considered. The big worry in the week ahead will be a downgrade for Italy, or whatever Theresa May has up her sleeve.

The monthly Italy MIB chart is so depressing: