Europe starts brightly as the FTSE cracks the record high

European stock market open 16 March 2017

  • FTSE +0.6%

  • Cac +0.8%

  • Dax +1.2%

  • Ibex +1.0%

  • FTSE Mib +1.4%

European bonds

  • Italy 2.26% -4bp

  • Spain 1.82% -2bp

  • Portugal 4.25% +25bp

  • Germany 0.438% +2bp

  • Greece 7.35% +2bp

What's most notable today is that the French election risk has dropped following the Dutch election with French/German bond spreads dropping sharply.

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