1% gains the norm today
The major European stock indices are closing with solid gains. Most of the major indices are over 1% on the day.
- German DAX, +1.1%
- France's CAC, +1.1%
- UK's FTSE, +0.9%
- Spain's Ibex, +1.1%
- Italy's FTSE MIB, +1.21%
In the benchmark 10 year note sector, yields are mostly higher (with Italy bucking the trend).
IN other markets as London/European traders look to exit:
- Spot gold is down $4.72 or -0.36% at $1309.82. The low price reached $1303.72 but found dip buyers near the key $1300 level.
- WTI crude oil futures are down $.84 or -1.6% at $51.87. The price has been moving up and down with a low of $51.23 and a high $52.78
In the forex market, the USD is the strongest, and the GBP has taken over as the weakest.
