European equity close: Modest moves aside from the breakout in Italy 04-Jul-19 09:13 pm AnalysisAnalysis, Global Indices Anirudh Sethi Market continues to cheer end of Italian budget impasseGerman DAX +0.1%French CAC flatSpain IBEX flatUK FTSE 100 -0.1%Italy MIB +1.0%Italian equities appear to be breaking out.