Europe has a quiet day without London leading the way
European stock market close 2 May 2016
- FTSE - Golf course
- Cac +0.2%
- Dax +0.8%
- Ibex -0.1%
- FTSE Mib -1.0%
European bonds
- Italy 1.47% -1bp
- Spain 1.58% -1bp
- Portugal 3.10% bp
- Germany 0.271% flat
- Greece 8.50% -8bp
Despite the jibe, most bank desks in London would have had ample staff coverage with both Europe and the US open. Even so, it might be wise to keep pound longs on a tight leash in case some folks return from the long weekend and decide to reverse some of today's move when they get back to their desks tomorrow.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.