EUR is the strongest currency of the day
The European stocks are ending the day with losses led by the German Dax. The stronger EUR is hurting:
- The German Dax fell -1.6%
- The French fell 0.7%
- The UK FTSE fell -0.6%
- The Spain's Ibex fell -0.4%
- The Italy's FTSE MIB bucked the trend with a small gain of 0.15%
- The Portuguese PSI 20 fell -0.99%
In the 10 year debt sector, yields are mixed at the end of the London/European session:
- Germany 0.721%, up 2.4 basis points
- France 0.977%, up 0.9 basis points
- UK 1.53%, up 2 basis points
- Spain 1.409%, down -1.8 basis points
- Italy 1.965%, -6.4 basis points
- Portugal 1.948%, -1.7 basis points
- Greece 3.708%, -3.2 basis points
In other markets at the New York midday/London close:
- Spot gold down $2.50 or -0.19% at $1342.61
- the VTI crude oil futures up $.75 or 1.17% at $65.48
- The price of bitcoin is trading down $1000 at $8950. It fell below the January low of $9005
In the US stock market, the snapshot shows:
- the S&P indexes up 9 points or 0.32% at 2833
- the NASDAQ composite index is up 11.5 points or 0.15% at 7422
- the Dow industrial average is up hundred and 20 points or 0.46% at 26268
US yields are higher:
- two-year 2.1528%, up 1.2 basis points
- five-year 2.541%, up 2.7 basis points
- 10 year 2.748%, up 4.3 basis points
- 30 year 2.976%, up 4.1 basis points
The EUR is the strongest of the currencies at the London close, while the AUD remains the weakest. The USD is mostly lower with declines against the EUR, GBP, CHF, CAD and NZD. It is higher vs the JPY and AUD.
