European stock indices close with mixed results

Author: Greg Michalowski | Category: News

10 year bond yields higher.  Gold up. Oil continues run higher.  EUR is the strongest.  USD the weakest. 


The European stock markets are closed and the results are mixed:
  • German DAX fell -0.6%
  • France's CAC fell -0.3%
  •  UK's FTSE closed a record level up 0.2%
  • Spain Ibex fell by -0.2%
  •  Italy'sFTSE MIB rose by 0.64%
  • Portugal's PSI 20 fell by -0.2%
In the 10 year debt market in Europe, yields were mostly higher
  • Germany 0.587%, up 4.4 basis points
  • France 0.867%, up 5.4 basis points
  • UK 1.316%, up 3 basis points
  • Spain 1.543%, down 1.0 basis points
  • Italy 2.054%, up 1.6 basis points
  • Portugal 1.834%, down -0.7 basis points
In other financial markets:
  • Spot gold is higher by $5.50 on the back of a weaker dollar. That is up 0.43% at $1322.50.
  • WTI crude oil futures continues the surge higher and trade up 0.84 cents or 1.35% at $64.42
  • CME bitcoin is trading down $380 or -2.63%.  Ripple is up about $.12 or 6.01% at $2.10
In the US stock market, the major indices are higher:
  • S&P futures are up 8.42 points or 0.31% at 2756.70.  That is near the high at 2758.98
  • NASDAQ composite index is up 27 points or 0.38% at 7180.55.  The high reach 7183.18. The low extended to 7163.22
  • The Dow industrial average is up 100 points or 0.40% at 25,469.80
In the forex market as London/European traders look to it exit, the EUR is the strongest currency on the back of a more hawkish ECB meeting minutes.  The USD is the weakest.  The dollar is down against the AUD as well.  Australia's retail sales were much stronger last night.