the European shares are rebounding in trading today and closing with solid gains. Apart from the UK FTSE 100 the major indices are up over 1.1%. The gains are well off the lows and closer to the session highs for each.
The provisional closes are showing:
German DAX, +1.13%. Biggest gain in one month
France's CAC, +1.27%. Biggest one-day gain in 2 months
UK's FTSE, +0.28%
Spain's Ibex, +1.44%. Biggest one-day gain in 2 months
Italy's FTSE MIB, +1.31%
Portugal PSI 20, +1.78%
US shares are also recovering in trading today with the Dow Jones and S&P index currently up around 0.77%. The NASDAQ index is up 0.66%.
In the European debt market the benchmark 10 year yields are also trading to the upside.