Dark clouds hover over European stocks at the close

European stock market close 13 October 2016

  • FTSE -0.6%

  • Cac -1.1%

  • Dax -1.1%

  • Ibex -0.8%

  • FTSE Mib -1.2%

European bonds

  • Italy 1.38% -4bp

  • Spain 1.12% +6bp

  • Portugal 3.73% -3bp

  • Germany 0.038% -3bp

  • Greece 8.39% +8bp

The overnight China data has thrown growth problems right back near the top of worry pile, and we know how that can get blown up out of all proportions.

US stocks are still in the red but the S&P has reclaimed the 2120 level and a close above could take some of the immediate pressure off.

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