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
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
