The major European indices are closing mixed. The German taxes down -0.32% on the day after 3 strong days took the index to new all-time highs last week. France's CAC is also lower. UK FTSE 100 higher.
A snapshot of the final numbers are showing:
- German DAX -51.39 points or -0.32% at 16223.98
- France's CAC -13.80 points or -0.18% at 7478.17
- UK's FTSE 100 +14.12 points or 0.18% at 7771.00
- Spain's Ibex up 53.5 points or 0.58% at 9305.01
- Italy's FTSE MIB -209.63 points or -0.76% at 27310.70
A look around the markets as London/European traders look to exit shows:
- Crude oil up $0.30 or 0.42% at $71.99
- Spot gold is down $4 or -0.21% at $1973.25
- Spot silver is down $0.17 or -0.7% at $23.68
- Bitcoin is trading at $26,877. It's low reached $26,547. Its high extended to $27,078.
In the US stock market:
- Dow is down -0.23%
- S&P is up 0.15%
- Nasdaq is up 0.53%
In the US debt market is showing higher yields:
- 2 year 4.343%, up 5.4 bps
- 10 year 3.728%, up 3.4 bps
- 30 year 3.871%, up 2.3 bps
In the forex, the NZD is the strongest of the majors. The JPY is the weakest.
The NZD is the strongest and the JPY is the weakest
The USDJPY has moved to a high of the day at 138.68. The high price from last week reached 138.74. Moving above would have traders looking toward 139.00. Above that and the 50% midpoint of the range since the 2022 high comes in at 139.574 (see video below)