UK FTSE lags but still higher.
- Germany's DAX up 1.4%
- France's CAC up 1.5%
- UK's FTSE up 0.3%
- Spain's Ibex up 1.8%
- Italy's FTSE MIB up 2.77%
- Portugal's PSI 20 of 1.54%
10 year note yields are Lower
- Germany 0.434%, -1 basis point
- France 0.77%, -1.0 basis points
- UK 1.234%, up 2.1 basis points
- Spain 1.539%, -5.8 basis points
- Italy 2.01%, -5.8 basis points
- Portugal 1.915% -7.5 basis points
IN other markets as London/European traders look to exit:
- Spot gold up $6.34 or 0.48% to $1319.50
- WTI crude oil futures up $.37 or 0.60% at $61.99
- US stocks or higher. bit off highs. S&P up 0.36% or 9.75 points. NASDAQ up 11 points or 0.16% at 7076. Dow industrial average cracked in the 25,000 level for the first time today. It trades up hundred and 31 points or 0.53% at 25,054.50
- US yields are higher at midday. Two-year 1.955%, up 2.4 basis points. Five-year 2.274% up 3.0 basis points. Hell 10 year 2.465%, up 1.8 basis points. 30 years 2.796% up 1.1 basis point
In the forex market at the NY midday point (and London close), the NZD is the strongest currency while the JPY remains the weakest.