European equity close: Declines in the 1% range

<p>US equities are looking better at the moment but it's a rough look for Europe to start the new month:</p><p>Closing changes:</p><ul><li>Stoxx 600 -1.0%</li><li>German DAX -1.0%</li><li>Francis CAC -1.1%</li><li>UK's FTSE 100 -1.3%</li><li>Spain's IBEX -1.2%</li><li>Italy's FTSE MIB -1.5%</li></ul><p>Last week, it looked like the DAX was making a big rejection of the summer lows but now we're right back on the bottom; that's not a good sign.</p>

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