Major indices end with gains. 10 year yields mostly lower. Gold up. Dollar down but off lows
The major European stock indices are ending the session higher.
- German DAX rose 0.7%
- France's CAC bucked the trend and fell -0.2%
- UK's FTSE rose by 0.2%
- Spain's Ibex gained 0.4%
- Italy's FTSE MIB also was down. It fell -0.22%
- Portugal's PSI 20 rose by 0.75%
In the 10 year debt market, yields were mostly lower:
- Germany 0.564%, -0.3 basis points
- France 0.844%, unchanged
- UK 1.355%, -0.4 basis points
- Spain 1.358%, -3.6 basis points
- Italy 1.889%, -3.4 basis points
- Portugal 1.903%, -3.1 basis points
In other markets as London/European traders look to exit:
- gold is up $4.76 or 0.35% at $1338.50
- WTI crude oil futures are up by $.88 or 1.38% at $64.45. Brent crude oil is trading at $69.94 after spiking at $70.21
- The price of bitcoin is trading at $11,201 up $860. The price has moved back above its 100 day MA at $11,004. Stay above is more bullish.
In the forex market, a snapshot of the strongest and weakest currencies shows the JPY remains the strongest and the AUD remains the weakest. The USD which was higher earlier in the day is now more negative (but off the lows).
US broader stock indices are higher (records), but off the highs. The Dow is marginally lower.
- The S&P indexes of 4.2 points for 0.15% at 2837. The high reach 2842.24.
- The NASDAQ is up 39.44 points or 0.53% at 7447.93. The high reach 7457.13
- The Dow is down 18 points for -0.07% at 26194. The high reach 26246.
US treasury yields are lower:
- two-year 2.052%, -0.8 basis points
- five-year 2.4205%, -2.7 basis points
- 10 year 2.620%, -3 basis points
- 30 year 2.892%, -2 basis points