Most indices still up on the week

The European stocks slid in trading today as concerns about trade wars weighed on the global equity markets:

  • German DAX fell -0.6%
  • France's CAC fell -0.3%
  • UK's FTSE fell -1.5%
  • Spain's Ibex fell -0.9%
  • Italy's FTSE MIB fell -1.32%
  • Portugal's PSI 20 fell -1.9%

For the week, despite the losses today most of the major indices ended higher:

  • Germany rose +1.9%
  • France rose +1.16%
  • UK fell -0.42%
  • Spain rose +1.27%
  • Italy rose 4.15%
  • Portugal fell -0.4%

European 10 year yields have moved lower in trading today:

  • Germany, 4.04%, -2.2 basis points. The yield is down about 4 basis points this week, but down off the peak of 0.52%
  • France 0.734%, -3.2 basis points. Last week, the yield closed at 0.82%
  • UK 1.331%, unchanged. Last week, the yield closed at 1.39%
  • Spain 1.294%, -5.5 basis points. The yield closed at 1.47 last week.
  • Italy 2.603%, -13.5 basis points. Last Friday it closed at 3.14%
  • Portugal 1.82%, -9.5 basis points. Last weeks close was at 2.06%