Buying European stocks has been the trade of the year so far in 2023 and that continued to start the week:
- Stoxx 600 +0.3%
- German DAX +0.5%
- French CAC +0.3%
- UK FTSE 100 -0.2%
- Italy MIB +0.4%
- Spain IBEX +0.5%
I'm not sure I can remember such a long period of European equity outperformance in what is otherwise a volatile market.
DAX daily chart