Optimism has arrived in Germany following the election and yesterday's proposed changes to the fiscal regime that could unleash huge amounts of deficit spending.

Closing changes:

  • Stoxx 600 +1.0%
  • German DAX +3.55%
  • France CAC +1.85%
  • UK FTSE 100 flat
  • Spain IBEX +1.5%
  • Italy's FTSE MIB +2.0%

The big gain in German stocks wasn't quite enough to erase yesterday's decline, highlighting the intense volatility in financial markets this week.

German DAX
German DAX daily
Source: Forex Live