The major European indices are ending the day mostly higher. The exception is the UK FTSE 100 is the struggles through the implications of the Susan Gray report on the Covid parties at No. 10.

• German DAX, +1%
• France’s CAC, +0.5%
• UK’s FTSE 100, -0.05%
• Spain’s Ibex, unchanged
• Italy’s FTSE MIB +0.95%

In the European debt market, the benchmark 10 year yields are lower with the exception of the UK 10 year yield which as reason by 6.2 basis points.