European stocks start the week with gains but gave some up into the close

European stock market close 11 April 2016

  • FTSE +0.1%
  • Cac +0.5%
  • Dax +0.3%
  • Ibex +0.9%
  • FTSE Mib +1.4%

European bonds

  • Italy 1.34% +3bp
  • Spain 1.51% -1bp
  • Portugal 3.41% +6bp
  • Germany 0.108% +1bp
  • Greece 8.94% -3bp

US stocks are doing their best to give back the winnings made today. The S&P is up around 3 points at 2050 following a high of 2063 less change. The Nasdaq is +5 at 4855 and the Dow +40 at 17617. We saw a similar unwind on Friday which didn't do the dollar any favours. We may need to watch for that happening again.

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