European equity close: UK with a modest gain but losses elsewhere ...Middle East

Closing changes:Stoxx 600 -0.1%German DAX -0.3%UK FTSE 100 +0.1%French CAC -0.5%Italy MIB -0.3%Spain IBEX -0.6%There were some big gains in the middle of last week but momentum was lost on Friday and there was some selling in most of Europe today. I wouldn't read too much into that as the bond market leads the way but there's still a clear downtrend on the DAX. This article was written by Adam Button at www.forexlive.com.

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