German DAX -3.9%. France's CAC -4.5%. UK's FTSE 100 -5.5%

The major European indices are ending the week and the day on the downside;

The provisional closes are showing

  • German DAX -3.9%
  • France's CAC -4.5%
  • UK's FTSE 100-5.5%
  • Spain's Ibex, -3.8%
  • Italy's FTSE MIB, -3.4%

For the week, the story was more positive as global shares rebounded:

  • German DAX rose 7.75%
  • France's CAC rose 7.15%
  • UK's FTSE 100 rose 5.9%
  • Spain's Ibex rose 4.7%
  • Italy's FTSE MIB rose 7%

In the European debt market today, the benchmark 10 year yields mostly fell with the exception of the Italian yields which rose by 10.2 basis points.

European yields ended mostly lower with the exception of Italian 10 year yields

In other markets as European traders look for the exits:

  • spot gold is down $3 or -0.18% $1628.28
  • WTI crude oil futures are trading down $1 or -4.5% at $21.60