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Money is flowing to Europe at the moment, with some big gains in stock markets today led by defense.
- STOXX 600 +1.2% to record high
- DAX +2.6% to record high
- FTSE 100 +0.7% to record high
- French CAC +1.2%
- Spain IBEX +0.3%
Cheap valuations and a hated market can lead to some incredible rallies.
This article was written by Adam Button at www.forexlive.com.
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