Maj. European indices end the session lower but well off intraday low levels
German DAX, -0.4%. France's CAC, -0.26%The major European stock indices are ending the session lower. However the closes are well off intraday low levels. A look at the closing levels are showing:
- German DAX, -0.41%
- France's CAC, -0.27%
- UK's FTSE 100, -0.16%
- Spain's Ibex, -0.19%
- Italy's FTSE MIB, -0.44%
- Portugal's PSI 20, -0.93%
In the European and 10 year note sector, yields are higher with Germany leading the way at a 6.0 basis point gain in the benchmark 10 year yield.
In other markets:
- spot gold is trading down $-15.75 or -0.89% at $1765.14
- WTI crude oil futures are trading up $0.53 or 1.38% at $39.81. The high price reached $40.58. The low price extended to $39.05
in the forex market, the US dollar has moved lower in the New York session but the CAD is the weakest of the majors. The GBP and JPY are the strongest. The GBPUSD is moving above its 100 day moving average at 1.2464 level and the 50% retracement of the move down from the December 2019 high at 1.2461. The GBPUSD is currently trading at 1.2469..