European stock market close 9 February 2016
US stocks helping Europe off the floor
- FTSE -0.9%
- Cac -1.5%
- Dax -0.8%
- Ibex -3.6%
- FTSE Mib -3.2%
European bonds
- Italy 1.68% flat
- Spain 1.75% flat
- Portugal 3.67% +29bp
- Germany 0.239% +2bp
- Greece 10.99% +82bp
European stocks have been dragged up by the US but the bounce looks more apt of a deceased moggy than anything bullish
US stocks have been trying to get into the green but keep failing. A battle worth watching as a decent positive close could take some of the sting out of the recent falls. If we see another collapse then that's another nail in the long bull trend coffin (not that there's many left to put in it)
