German Dax up 0.17%. UK FTSE down -0.21%
The European stocks are mostly higher with the UK FTSE the laggard.
- German Dax up 0.17%
- France CAC up 0.11%
- UK FTSE down -0.21%
- Spain's Ibex up 0.45%
- Portugal's PSI20 up 0.35%
- Italy's FTSE MIB up 0.38%
In the EU 10 year debt market:
- Germany 0.444%, down -1.5 bp
- France 0.717%, down -1.8 bp
- UK 1.356%, down -0.7 bp
- Spain 1.680%, down -2.9 bp
- Portugal 2.405%, down -0.9 bp
- Italy 2.114%, down -3.3 bp
At the end of the London day:
- Spot gold is up $4.57 or 0.36% to $1281.13
- WTI crude oil is up $0.17 or +0.34% to $49.47
- US stocks are mixed. S&P is down -0.59 points or -0.2%. Nasdaq is up 5.76 points or +0.09%. Dow is up 12.83 points or +0.05%
- US debt market is closed.
In the forex market, the GBP remains the strongest (and the NZD the weakest), but the gains have been reduced.
Looking at the chart below the GBPUSD was up over 100 pips but is now up only 64 pips. The GBPJPY was up nearly 140 pips, it is up only 70 pips now. The same is true for all the GBP pairs. Cable is stronger on the day, but not as strong as it once was earlier in the session.
