Major indices little changed

The European shares are ending the session with small(ish) changes today

  • German DAX, +0.45%
  • France's CAC, unchanged
  • UK's FTSE, unchanged
  • Spain's Ibex, unchanged
  • Italy's FTSE MIB, +0.76%

The benchmark 10 year yields in Europe are mostly lower with the riskier countries outpacing. Below are the high/low ranges and the current levels for the major countries 10 year yields.

Benchmark European yields are mostly lower

In other markets as London/European traders to exit:

  • spot gold is trading up $6.36 or 0.48% at $1340. That is near the highs for the day. The contract has been able to stay above it's 100 and 200 hour moving averages (see post here).
  • WTI crude oil futures are up $1.50 or 2.97% at $52.63. The price got a boost from the attack on oil tankers in Gulf of Oman.

In the US stock market, major indices are trading higher:

  • S&P index is up 7.9 points or 0.27% at 2887.69
  • NASDAQ indexes up 34.87 points or 0.44% at 7827.70
  • Dow is up 51.2 0.20% at 26058

US yields have move lower today and are down -1.1 to -2.3 bps:

US yields a lower today

The CAD has taken over the strongest currency of the day title from the CHF. The AUD remains the weakest of the majors. The USD is up a little but mixed against the major currencies.

The CAD is the strongest, while the AUD is the weakest of hte major currencies today.