European equity close: First bad day of the year | Forexlive

If you can make it all the way to January 19 without a truly tough day then it’s been a great start to the year:

• Stoxx 600 -1.6%
• German DAX -1.6%
• France’s CAC -1.8%
• UK’s FTSE 100 -1.0%
• Spain’s IBEX -1.5%
• Italy’s FTSE MIB +0.3%

The question is, whether European stocks fall hard or this is simply a retest of the breakout.