European equity close: German DAX flat today but up 3.8% on the week

On the day:

  • Stoxx 600 +0.1%
  • German DAX +0.1%
  • France CAC +1.3%
  • UK FTSE 100 -0.5%
  • Spain IBEX -0.5%
  • Italy’s FTSE MIB +0.3%

On the week:

  • Stoxx 600 +1.9%
  • German DAX +3.8%
  • France CAC +2.7%
  • UK FTSE 100 +0.25%
  • Spain IBEX +3.6%
  • Italy’s FTSE MIB +3.9%

That’s a great week for European stocks, despite all the headwinds around energy and autos. Is that a signal for the euro that better times are ahead?

This article was written by Adam Button at www.forexlive.com.

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