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European shares experienced a good start to the week — Forex Stock Trade




European shares experienced a good start to the week




Portugal leads the way after credit updates&P has increased in Portugal to investment grade on Friday and that helped the Portuguese PSI20 up 1.49%. The yield on the Portugal 10-year debt is also in decline, falling to 2.443%, down 36 bps on the day.

The other major indexes have also increased, but at a more moderate pace:

  • German Dax ends up 0.4%
  • France the Cac is up 0.3%
  • The UK FTSE is up 0.6%
  • Spain’s Ibex is up 0.2%
  • In italy, the FTSE MIB was up 0.61%

In 10 years, returns are mixed:

  • Germany 0.456 per cent, up 2.4 bp
  • France 0.730%, up 2 bp
  • United KINGDOM 1.307%, unchanged
  • The spain of 1.59%, down by -2 bp
  • Italy 2.075%, unchanged
  • Greece 5.464%, up 2.7 bp



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