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European shares close with gains

  
Analysis, Global Indices
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10 year yields are lower

The major European indices are ending the day with modest gains. The provisional closes are showing:
  • German DAX, +0.1%
  • France’s CAC, +0.2%
  • UK’s FTSE, +0.9%
  • Spain’s Ibex, +0.3%
  • Italy’s FTSE MIB, +0.65%
In the 10 year benchmark note sector, yields are lower with Italy and UK yields down sharply. The UK PMI construction data was much weaker than expectations and BOE Carney also came out with dovish comments in the NY morning session.
10 year yields are lower

European markets mostly edge lower

  
  Education
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It’s been another mixed day – albeit a fairly uneventful one – for European shares. The UK market moved higher despite poor UK manufacturing figures and renewed talk of triple dip recession, but most other exchanges recorded minor losses.
• The FTSE 100 finished at 6510.62, up 6.99 points or 0.11%
• France’s CAC climbed 0.1%
• Germany’s Dax was down 0.23%
• Italy’s FTSE MIB closed down 0.42%
• Spain’s Ibex was 0.26% lower
• The Athens market added 1.23%

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