Dax up 0.1%. CAC up 0.2%. UK FTSE unchanged
The European equities markets are closed for the day and the results are mostly favorable (with a couple exceptions).
- German Dax up 0.1%
- France's Cac up 0.2%
- UK FTSE unchanged
- Spain's Ibex down -0.7%
- Italy's FTSE MIB up 0.1%
- Portugal's PSI20 down -0.14%
In the 10 year debt market today, yields in Europe fell:
- Germany 0.373%, down 3.1 bp
- France 0.787%, down -3.0 bp
- UK 1.336%, down -3.1 bp
- Spain 1.581%, down-3.0 bp
- Italy 2.035%, down -4.9 bp
- Portugal 2.333%, unchanged
- Greece 5.499%, down -4.1 bp
In other markets as London traders look to exit:
- Spot gold is little changed at $1304.43 (down $0.10 on the day).
- WTI crude oil is up $0.31 to $51.75
- US yields are higher. 2 year 1.5175%, up 2.46%. 5 year 1.9281%, up 2.8 bp. 10 year 2.2909%, up 1.8 bp. 30 year 2.8168%, up 1.2. bp
- In the US stock market: S&P is up 3.35 points or 0.13%. Nasdaq is up 16.687 points or 0.25%. Dow up 44.73 points or 0.20%
Finally in the FX market, the NZD was the strongest currency at the start of the NY session. Those gains have been eroded. The CHF is now the strongest. The CAD was the weakest and it remains the weakest. The USD is higher but all the gains are vs the CAD adn the AUD. The other pairs are all hanging around unchanged levels.
