 It was a rough one in Europe as Lagarde took a decidedly hawkish stance.Stoxx 600 -2.8German DAX -3.2Frances CAC, -3.2UKs FTSE 100 -1.0Spains Ibex -1.7Italys FTSE MIB -3.3This ends a period of consolidation for the German DAX and puts to rest the quick-pivot trade. This article was written by Adam Button at 