• FTSE +0.5%
  • Dax +0.7%
  • Cac +0.5%
  • Ibex +0.5%
  • FTSE Mib +0.7%

European bonds

  • Italy 4.23% +6bp
  • Spain 4.50% +2 bp
  • Portugal 6.53% - 4bp
  • Germany 1.81% +11bp

That’s quite a big move in bunds but that not doing toffee for the euro. Another sign that we could see further falls.