The UK FTSE does rise on the day
The major European indices are closing the day mixed:
- German DAX, -0.22%
- France’s CAC, -0.26%
- UK’s FTSE, +0.6%
- Spain’s IMAX, +0.24%
- Italy’s FTSE MIB, +0.12%
The benchmark 10 year yields are mostly lower despite Draghi’s assertion that market pricing reflects something even worse than a trade war.