German DAX +2.1%
The European shares of all closed higher with the German DAX leading the way with a gain of 2.13%. The Portuguese PSI 20 is the laggard with a 0.8% gain.
The final numbers are showing:
- German DAX, +2.13%
- France’s CAC, +1.39%
- UK’s FTSE 100, +1.21%
- Spain’s Ibex, +1.26%
- Italy’s FTSE MIB, +1.86%
- Portugal’s PSI 20, +0.8%
I the European debt market, the benchmark 10 year yields are ending the session mixed with investors fleeing the relative safe German and France in favor of Italy and Portugal.
- France manufacturing 52.1 vs. 46.1 estimate
- Germany 44.6 vs. 41.5 estimate
- Eurozone 46.9 vs. 43.8 estimate
- UK 50.1 vs. 45.2 estimate
The services sector flash estimates were also better than expectations.