European equity close: Big gains, UK restrainted by currency climb ...Middle East

Daily changes:Stoxx 600 +1.4%German DAX +1.8%UK FTSE 100 +0.3%French CAC +1.5%Italy MIB +1.5%Spain IBEX +1.7%The picture is starting to brighten in Europe and it's looking more and more like a bottom was hit at the end of October.There's a high inverse correlation with the FTSE 100 and pound so that restrained today's gain, with cable up 1.6%. This article was written by Adam Button at www.forexlive.com.

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