European equity close: A week to forget as FTSE 100 flirts with some dangerous levels

<p>Closing changes:</p><ul><li>Stoxx 600 -0.6%</li><li>German DAX -0.6%</li><li>FTSE 100 -0.6%</li><li>French CAC -0.4%</li><li>Italy MIB -0.4%</li><li>Spain IBEX -0.1%</li></ul><p>Weekly:</p><ul><li>Stoxx 600 –2.3%</li><li>German DAX -1.5%</li><li>FTSE 100 -3.4%</li><li>French CAC -2.3%</li><li>Italy MIB -1.8%</li><li>Spain IBEX -1.8%</li></ul><p>The FTSE 100 is a bad day away from breaking the lows of the year. Bids in the last 90 minutes of trading today spared a close on the lows but that looks like position squaring rather than conviction buying.</p>

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