European stock market close 5 February 2016
- FTSE -0.9% day -3.8% week
- Cac -0.7% day -5.0% week
- Dax -1.3% day -5.2% week
- Ibex flat dat - 3.5% week
- FTSE Mib -2.1% day - 7.4% week
European bonds
- Italy 1.56% +2bp
- Spain 1.64% flat
- Portugal 3.13% +10bp
- Germany 0.299% flat
- Greece 9.58% +11bp
In FX related stock news, UK retail broker CMC Markets floated in London today and saw their price trade a touch below the £2.40 offer price. Not a good week to float as the FCA sent round a letter to 100 spread betting and bookie firms warning them about their treatment of clients and the potential for fraud.