Optimism has arrived in Germany following the election and yesterday's proposed changes to the fiscal regime that could unleash huge amounts of deficit spending.
Closing changes:
- Stoxx 600 +1.0%
- German DAX +3.55%
- France CAC +1.85%
- UK FTSE 100 flat
- Spain IBEX +1.5%
- Italy's FTSE MIB +2.0%
The big gain in German stocks wasn't quite enough to erase yesterday's decline, highlighting the intense volatility in financial markets this week.
