Higher close today but an awful week and month

  • Shanghai Comp Index closes up 3.1% at 2737.60, down 6.1% on the week
  • 22.6% down in Jan, worst month since 0ct 2008
  • CS 1300 Index closes up 3.2% at 2946.09, down 5.4% on the week
  • down 21% in Jan, worst month since Aug 2009

Eurostoxx 50 futures up +1.5% in early European trading

  • DAX futures +1.6%
  • CAC40 +1.3%
  • FTSE +1.2%