Europe closes mixed as DAX and FTSE edge higher while gold, sterling and CAC 40 slip
Executive summary: European equities finished mixed, with the DAX and FTSE 100 posting modest gains while the CAC 40 and Euro Stoxx 50 ended lower. The move came alongside a softer tone in gold, silver and sterling, a firmer dollar against the euro and pound, and a sharp jump in natural gas. The session points to a market still balancing energy-price pressure, currency moves and a rotation within equities rather than a broad risk-on or risk-off break. [Continue Reading]
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