A lacklustre session on both sides of the Atlantic, with little in the way of major economic news out last night to drive things. I suspect European stocks only just managed to close in the black because of positive news on Greece. You’ll never guess, but they got the next tranche of aid from the International Monetary Fund.
Remember when news like that would have seen stocks up 3 per cent or so? Well, we had none of that last night people. The Dax was only up 0.2 per cent, the CaC was flat and the FTSE100 was only 0.1 per cent higher.