Near midranges more or less
The European major stock indices have ended the day mostly lower. The UK FTSE bucked the trend as it ended up 0.27% (or 16.99 points)
The other indices were lower:
- German DAX was down -70.65 points or 0.69%
- EUR Stoxx index was down -20.93 points or 0.69%
- French CAC was down -27.13 points or 0.61%
- Spanish Ibex was down -63.10 points or 0.71%
- Italy's FTSE MIB was down -65.79 points or 0.73%
The European 10 year note yields were modestly lower in yield.
- German yield 0.56%, unchanged
- France 0.412%, unchanged.
- Italy 1.393%, -3 BP
- Spain 1.428%, -3 BP
- UK 1.254%, -1 BP
- Greece 7.36% -11 BP
The US stock market at midday has modest gains.
- S&P index is up 4.66 points or 0.22%
- NASDAQ composite index is up 8.85 points or 0.18%
- Dow industrial average is up 54.54 points or 0.3%
US 10 year yield is at 1.700% -1.7 BP on the day. The US will auction 20B (reopening) of 10 year notes at 1PM. The yield at the last auction was 1.71% with a bid to cover of 2.68x.
Crude oil is at $51.09, up 1.5% on the day (taking out the October 2105 highs and trading at the highest level since July 2015)
