European major indices end the session lower

Technical Analysis

Author: Greg Michalowski | german-dax

German DAX -0.2%. UK FTSE 100 down -0.15%

The European major indices are ending the day lower. A look at the provisional closes shows:
  • German DAX, -0.20%
  • France's CAC, -0.27%
  • UK's FTSE 100, -0.15%
  • Spain's Ibex, -0.67%
  • Italy's FTSE MIB, -0.26%
looking at other markets as London/European traders look to exit:
  • Spot gold is trading near unchanged at $1842, up 0.04%.
  • Spot silver is trading down $0.11 or -0.44% a $25.24
  • WTI crude oil futures are trading up $0.69 or 1.32% at $53.04
  • Bitcoin is trading up $1290 and $37,521
In the US stock market, major indices remain higher but off the highest levels as the Yellen Senate confirmation hearing continues:
  • S&P index up 18.14 points or 0.48% at 3786.28. The high price reached 3801.16. The low price extended to 3780.37
  • NASDAQ up 97.56 points or 0.75% 13096.80. The high price reached 13146.01. The low price extended to 13078.69
  • Dow industrial average up 93 points or 0.30% at 30907. The high price reached 31086.62. The low price extended to 30865.03
In the forex market, the EUR remains the strongest (although off its highest levels) while the JPY remains the weakest (but off the lowest level). The USD is lower but also off it's lower level in the North American session.  

German DAX -0.2%. UK FTSE 100 down -0.15%_
In the US debt market, the yields are still marginally higher but well off there high levels for the day.

US yields are off the highs for the day him him him him him him him him him him him him him him him him him him him him him him him him him him him him him
For bank trade ideas, check out eFX Plus
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose