Supported by Wall Streets rebound
The European major stock indices are ending the session with strong gains.
- German Dax rose 1.66%
- France's CAC rose by 1.8%
- UK's FTSE rose by 1.94%
- Spain's Ibex rose by 1.7%
- Italy's FTSE MIB rose by 2.77%
- Portugal's PSI20 rose by 2.21%
In the 10 year debt sector yields are mixed:
- Germany 0.737%, up 4.5 basis points
- France 0.977%, up 2.1 basis points
- UK 1.539%, up 1.8 basis points
- Spain 1.408%, down -1.8 basis points
- Italy 1.943%, down -4.5 basis points
- Portugal 2.011%, down -4.9 basis points
In other markets as London/Europe traders work toward the end of day:
- Spot gold down $3.71 or -0.28% at $1320.29
- WTI crude oil futures are down $1.68 or -2.62% at $61.74
In the US stock market at NY midday:
- The S&P index is up 20 points or 0.75% at 2715.62
- The NASDAQ composite index is up 25.29 points or 0.36% at 7141.08
- The Dow industrial average is up 241 points or 0.97% at 25154.94
In the US debt market at midday, yields are mixed:
- two-year 2.113%, up 0.8 basis points
- five-year 2.5278%, down 1.1 basis point
- 10 year 2.7961%, down 0.5 basis points. The U.S. Treasury will auction off 10 year notes at 1 PM ET
- 30 year 3.074%, up 0.8 basis points. The U.S. Treasury will auction off 30 year bonds tomorrow at 1 PM ET.
In the forex market at midday, the JPY remains the strongest currency with the USD running higher as well. The NZD is now the weakest currency for the day.
