Closing changes for the main bourses
- German DAX -1.6%
- UK FTSE 100 -0.65%
- Spain IBEX -1.5%
- French CAC -1.2%
- Italy MIB -1.6%
The DAX broke below the October low.
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European equity close: Not a pretty one
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- The US treasury sells $13 billion of 20 year bonds at a high yield of 4.927%
- The USD is moving lower (except against the JPY)
- Nasdaq corrects lower in trading today, but backs into support target area.
- Oil falls further on a report that Iran could be allowed to immediately sell oil
- Crude oil down sharply and tests a swing area target.
- Nasdaq falls as some of the momentum names reverse. SpaceX gives back some gains
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