Indices close near lows for the day
The European indices are ending the day lower and also closing near the lows for the day.
The provisional closes are showing:
- German DAX, -0.5%
- France's CAC, -1.4%
- UK's FTSE 100, -1.1%
- Spain's Ibex, -1.7%
- Italy's FTSE MIB, -0.7%
For the week, the indices are down sharply:
- German DAX -4.0%
- France's CAC -3.49%
- UK's FTSE 100, -3.25%
- Spain's Ibex, -5.7%
- Italy's FTSE MIB, -4.9%
For the month, the German DAX closed near unchanged. The other indices were lower:
- German DAX, unchanged
- France's CAC, -3.1%
- UK's FTSE 100, -4%
- Spain's Ibex, -4.9%
- Italy's FTSE MIB, -1.46%
In the benchmark 10 year yields today, yields have moved back higher after being negative at the start of the North American session
A snapshot of the foreign exchange market as London/European traders look for the exits shows The GBP remaining as the strongest. The JPYs run lower has led to the it taking over as the weakest of the majors from the NZD.
