European major indices down for the second consecutive day

  • US/European major indices are lower on the day

The major European indices are closing mostly lower for the second consecutive day (Italy's FTSE MIB is the exception). A snapshot of the provisional closes shows:

  • German DAX, -0.3%
  • France's CAC -0.15%
  • UK's FTSE 100 -0.21%
  • Spain's Ibex, -0.9%
  • Italy's FTSE MIB +0.1%

In the European debt market, the benchmark 10 year yields are all trading lower modest declines. France 10 year is back near parity at -0.001% after moving above and below the level in trading today.

10 year yields
European benchmark 10 year yields are lower on the day

In other markets as London/European traders look to exit:

  • Spot gold is trading down seven dollars or -0.39% at $1775.84.
  • Spot silver is trading down $0.40 or -1.79% at $22
  • WTI crude oil futures are trading at $71.70. That's down from $72.36 at the settled price yesterday
  • Bitcoin has one lower with the price trading at $48,760.22. It was trading near $50,600 at the 5 PM ET yesterday

In the US stock market, the major indices he are lower with the NASDAQ index leading the declines:

  • Dow industrial average -24.18 points or -0.07% at 35,731
  • S&P index -13 points or -0.28% at 4688.21
  • NASDAQ index -100 points or -0.64% at 15686.10

In the US debt market, yields are unchanged to lower. The two year yield is up 0.1 basis point. The 10 year is down -1.7 basis points. At 1 PM ET, the U.S. Treasury will auction of 30 year bonds. The current 30 year yield is trading down -1.4 basis points on the day.

US yields
US yields on the maturity spectrum are lower

In the forex market, the JPY and the USD are the strongest of the majors, while the CHF and EUR are the weakest:

Forex
The JPY is the strongest and the CHF is the weakest
investingLive Premium
Telegram Community
Gain Access