Gold up but off highs. Crude oil higher. JPY strongest. CAD is the weakest.

The European stock markets are closed and provisional closes are showing a mixed picture for the major indices:

  • German DAX down -0.8%
  • France's CAC down -0.4%
  • UK's FTSE up 0.1%
  • Spain's Ibex down -0.1%
  • Italy's FTSE MIB up 0.66%
  • Portugal's PSI 20 up 0.07%

In the European 10 year debt sector yields were mostly higher:

  • Germany 0.546%, up 8.1 basis points
  • France 0.816%, unchanged
  • UK 1.287%, unchanged
  • Spain 1.549%, up 3.4 basis points
  • Italy 2.037%, unchanged
  • Portugal 1.838%, -2.5 basis points
  • Greece 3.709%, up 2.2 basis poinIn

In other markets as London/European traders exit for the day:

  • Spot gold is hired by $5.16 or 0.39% at $1317.94
  • WTI crude oil futures are up five $.42 or 0.65% at $63.37
  • the price of bitcoin is lower but off the lows for the day. The CME bitcoin contract is down $310 or -1.8% at 14,495. The low reach 13,480. Ripple is trading at $2.00 after trading as low as $1.61 earlier in the day.

US major stock indices are recovering from lower levels.

  • The S&P index is down -4.3 points or -0.16% at 2746.89. The low extended to 2736.06
  • The NASDAQ composite index is down -29 points 4-0.41% at 7134.42. The low came in at 7111.52.
  • the Dow industrial average is down 18.5 points or -0.07% at 25366.88. The low reached 25256.99

US yields remain higher on the day:

  • two-year 1.976%, up 0.8 basis points
  • five-year 2.346%, up 1.5 basis points
  • 10 year 2.5825%, up 2.9 basis points
  • 30 year 2.929%, up 3.3 basis points

In the forex market, a snapshot of the strongest and weakest shows the JPY remains the strongest currency. It has gotten stronger since the NY opening. The CAD has overtaken the GBP as the weakest currency on the day. Canada building permits has helped to weaken the loonie. The USD is down vs all the majors with the exception of the GBP and the CAD, but is higher vs. start of NY day levels.