European shares end the day with solid gains

Technical Analysis

Author: Greg Michalowski | german-dax

UK FTSE is the exception

The major European indices are ending the day was solid gains. The exception is the UK FTSE which eked out a small advance. The provisional closes are showing:
  • German DAX, +1.1%
  • France's CAC, +1.0%
  • UK's FTSE, +0.1%
  • Spain's Ibex, +0.4%
  • Italy's FTSE MIB, +1.12%
  • Portugal's PSI 20, +0.74%
In the 10 year note sector, yields are ending the session mixed with Italian yields down -5.4 basis points.  German yields are up 1.1 basis point.  Below is a snapshot of the major countries ten year note yields.

benchmark 10 year note yields are ending the session mixed
In other markets as London traders look to exit:
  • spot gold, +$2.00 or 0.15% at $1310.15
  • WTI crude oil futures up $1.14 or 2.18% to $53.55
In the US stock market the S&P index is bumping against its 200 day moving average at 2743.35. The current price is trading at 2742.81.

The US stock indices are showing:
  • The S&P index is up 33 points or 1.22% at 2742.80
  • The NASDAQ indexes up 100 points or 1.36% at 2407.80
  • The Dow is up 338 points or 1.35% at 25390
In the US debt market, yield are higher with the longer end moving up the most:

US yields are higher with the 30 year up the most on the day.
Finally, the AUD is the strongest and the CHF is the weakest:

The AUD is the strongest. the CHF is the weakest
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