European shares rebound after yesterdays move lower

  
Analysis, Global Indices

Major indices close near highs for the day

The European shares have rebounded after yesterdays move lower. They also are closing near their highs for the day.  The provisional closes are showing:

  • German DAX, +0.8%
  • France’s CAC, +0.7%
  • UK’s FTSE 100, +0.6%
  • Spain’s Ibex, +0.64%
  • Italy’s FTSE MIB, +0.8%
In the European debt market, the yields are mostly lower with the exception of the UK 10 year which rose by 1.7 basis points:
Major indices close near highs for the day_
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