- FTSE -0.9%
- Cac -0.9%
- Dax -0.8%
- Ibex -1.0%
- FTSE Mib -2.0%
European bonds
- Italy 2.41% +7bp
- Spain 2.14% +7bp
- Portugal 3.33% +12bp
- Germany 0.854% +1bp
We can assume that we’ve been seeing some support in the pound and euro on the back of expectations that the GPIF will be slinging it’s cash into European and UK stocks and thus the currencies respectively.
