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Closing changes for the main markets in Europe:
- Stoxx 600 -0.3%
- UK FTSE 100 -0.8%
- German DAX -0.2%
- French CAC -0.1%
- Italy MIB -1.0%
- Spain IBEX -1.3%
If the BOE hadn’t walked back Bailey’s comments, it certainly could have been worse. As it stands, we’re left confused on what the real strategy is around gilt buying.
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