European stock market close 13 May 2015

  • FTSE +0.1%
  • Cac -0.4%
  • Dax -1.2%
  • Ibex -0.1%
  • FTSE Mib +0.5%

European bonds

  • Italy 1.88% +3bp
  • Spain 1.87% +4bp
  • Portugal 2.43% +2bp
  • Germany 0.717% +4bp
  • Greece 10.57% -32bp

The FTSE is still holding the short term support line which keeps the trend for the year intact

FTSE daily

For the Dax, the break of the uptrend that finally shook out my ECB QE longs has played out as resistance. 11k is the big support point from here but we could see some coming in around 11150/11200

Dax daily