European equity close: What’s not to like about this chart?

Closing changes on the day:

Stoxx 600 +0.5%German DAX +1.3%Francis CAC +0.8%UK’s FTSE 100 +0.5%Spain’s IBEX +0.3%Italy’s FTSE MIB +0.9%

Closing changes on the week:

Stoxx 600 +2.7%German DAX +4.0%Francis CAC +4.0%UK’s FTSE 100 +1.1%Spain’s IBEX +2.0%Italy’s FTSE MIB +2.9%

What’s not to like about this chart? European stocks have a lot of leverage to China and they’re responding to that and what looks like will be a dovish turn from the ECB and others.

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

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