European equity close: Italy lags in a rough outing

<p>Closing changes:</p><ul><li>Stoxx 600 -0.3%</li><li>German DAX -1.2%</li><li>UK FTSE 100 -0.4%</li><li>French CAC -0.8%</li><li>Italy MIB -2.2%</li><li>Spain IBEX -0.7%</li></ul><p>It's not a pretty picture anywhere today but the UK held up relatively well today while Italy was battered. A look across the charts shows a painful series of false breakouts.</p>

This article was written by Adam Button at www.forexlive.com.

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