We’re now sitting up around the days highs in the S&P despite further poor data and if it continues it won’t be long until the taper tapers start raising their voices.

S&P daily 18 02 2014

S&P daily

European stocks close out pretty much flat with only the FTSE showing a decent move.

  • FTSE +0.9%
  • Cac -0.1%
  • Dax flat
  • Ibex -0.6%
  • FTSE Mib +0.1%

European bonds

Italy 3.56% -5bp
Spain 3.52% -2bp
Portugal 4.82% flat
Germany 1.67% -1bp