Closing changes for the main European bourses
- UK FTSE 100 +1.5%
- German DAX -0.5%
- French CAC +0.8%
- Spain IBEX -0.9%
- Italy MIB +0.4%
The pound is flat on the day so FX hasn't been much of a factor in the FTSE 100 rally. Meanwhile, one company weighing on German stocks is Wriecard after the FT ran a story about fraud and money laundering tied to its Asian division.
The FTSE 100 needs to get over 7000 to get some momentum: