European equity close: Big gains, UK restrainted by currency climb

  • Closing changes in Europe

Daily changes:

  • Stoxx 600 +1.4%
  • German DAX +1.8%
  • UK FTSE 100 +0.3%
  • French CAC +1.5%
  • Italy MIB +1.5%
  • Spain IBEX +1.7%

The picture is starting to brighten in Europe and it's looking more and more like a bottom was hit at the end of October.

STOXX 600
STOXX 600 daily

There's a high inverse correlation with the FTSE 100 and pound so that restrained today's gain, with cable up 1.6%.

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