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European equity close: Big gains across the board

Closing changes:

  • Stoxx 600 +1.1%
  • German DAX +1.6%
  • France’s CAC +2.2%
  • UK’s FTSE 100 flat
  • Spain’s IBEX +1.4%
  • Italy’s FTSE MIB +1.5%

Europe is a heavy exporter to China and some stimulus from Beijing is certainly welcome. The euro has been slow to respond but is also ticking higher now.

This article was written by Adam Button at www.forexlive.com.

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