The month gets off to a negative start

March is behind us, but the April trading in the equity markets in Europe got off to a negative start:

Provisional closes for the major indices are showing:

  • German DAX, -3.9%
  • France's CAC, -4.7%
  • UK's FTSE 100, -4.3%
  • Spain's Ibex, -2.9%
  • Italy's FTSE MIB, -3%

In the European debt market, the benchmark 10 year yields are ending the day mixed. UK and China yields fell while Germany, France, Spain, and Portugal yields rose.

The month gets off to a negative start_