German Dax closes higher. Other European indices close lower

The German Dax is the only major European indice which is closing higher on the day. Looking at the closing levels:

• German Dax, +0.23%
• France's Cac -0.47%
• UK FTSE 100, -0.06%
• Spain's Ibex -0.75%
• Italy's FTSE MIB -0.81%

In the European debt market, the yields are ending the day mostly lower. The UK 10 year is the only one with a move higher today. The other country yields are marginally lower on the day.

As European traders exit for the day, the USD remains the strongest of the major currencies Currencies Currencies are a typically a form of money in wide circulation, being the primary medium of exchange with respect to buying and selling goods and services. These are often issued by a specific government or collection of governments, by way of paper notes and coins. Other forms of currencies include previous metals such as gold and silver, and digital currencies such as Bitcoin. Currencies serve as a backbone of the country’s or countries’ economy, due to the perception of value held by the popu Currencies are a typically a form of money in wide circulation, being the primary medium of exchange with respect to buying and selling goods and services. These are often issued by a specific government or collection of governments, by way of paper notes and coins. Other forms of currencies include previous metals such as gold and silver, and digital currencies such as Bitcoin. Currencies serve as a backbone of the country’s or countries’ economy, due to the perception of value held by the popu Read this Term but off its early NY levels. The AUD Remains the weakest of the majors Majors There are hundreds of different currency pairs and crosses that can be traded. Major currency pairs or majors represent the most liquid pairs and widely traded. These include the EUR/USD, USD/JPY, GBP/USD, and USD/CHF.The reason for the popularity in these trading pairs are obvious, given they include currencies of some of the world’s most important economic centers. Additionally, these currencies comprising majors also constitute a significant share of global economic transactions.The US dollar There are hundreds of different currency pairs and crosses that can be traded. Major currency pairs or majors represent the most liquid pairs and widely traded. These include the EUR/USD, USD/JPY, GBP/USD, and USD/CHF.The reason for the popularity in these trading pairs are obvious, given they include currencies of some of the world’s most important economic centers. Additionally, these currencies comprising majors also constitute a significant share of global economic transactions.The US dollar Read this Term (and also off its lows seen near the start of the NY session).

Looking at the US stock indices, the major indices are down on the day but near intraday highs as well as the losses are recovered

• Dow industrial average is down -27 points or -0.09% at 33526
• The S&P index is down 20.68 points or -0.52% at 3938
• NASDAQ index is down -47 points or -0.42% at 11136.50
• Russell 2000 is down -25.93 points at -1.4% at 1827.17.