European indices close marginally higher on the day/week

The major European indices are closing the day marginally higher:

• German Dax, +0.22%
• France CAC, +0.20%
• UK FTSE 100, +0.06%
• Spain’s Ibex, +0.34%
• Italy’s FTSE MIB, +0.68%
• Euro Stoxx, +0.30%

For the trading week, Spain’s Ibex led the upside, while the UK FTSE 100 and Italy’s FTSE MIB closed lower for the week. :

• German Dax, +0.69%
• France CAC, 0.81%
• UK FTSE 100, -0.21%
• Spain’s Ibex, 1.82%
• Italy FTSE MIB -0.24%

As London/European traders head for the exit, the CAD is the strongest and the JPY is the weakest. THe USD is also lower with the greenback falling 0.62% vs the CAD, 0.56% vs the NZD, and 0.57% vs the GBP. The Canada retail sales data came in stronger than expected helping to send that currency higher today.