German Dax up 0.1%, UK FTSE down -0.1%. France Cac unchanged

The European stock markets are ending the session with modest changes:

  • German Dax, up 0.1%
  • France's CAC, Unchanged
  • UK FTSE, -0.1%
  • Spain's Ibex, down -0.3%
  • Italy's FTSE MIB down -0.4%
  • Portugal's PSI20 is down -0.48%

In the 10 year debt sector, yields are little changed as well:

  • Spot gold is down -$6.50 or -0.52% at $1189.50
  • WTI crude oil is down -$0.22 at $67.64

US stocks are now lower and trading near lows for the day:

  • The S&P is down -6.25 points or -0.20%
  • The Nasdaq is down -15 points or -0.19% at 7873 after being up at 7926 earlier. That is a pretty big reversal for the tech heavy Nasdaq
  • The Dow is -100 points or -0.39%

US yields are mixed with the 2 year up 1.3 bps. The 30 year is down -0.9 bps. The 2-10 spread is down to 21.3 bps.

The USD is the strongest in the midday snapshot. The AUD remains the weakest (and getting weaker). The AUDUSD is down -1.10% on the day and is the weakest currency pair today.