Most major indices are lower on the day

The European major indices are pending with losses today:

  • German DAX down -0.6%
  • France's CAC down -0.4%
  • UK's FTSE down -0.6%
  • Spain's Ibex down -1.0%
  • Italy's FTSE MIB down -0.18%
  • Portugal's PSI 20 unchanged

In the 10 year debt sector yields are mostly lower:

  • Germany 0.327%, -0.9 basis points
  • France 0.689%, -3.7 basis points
  • UK 1.238%, -1.8 basis points
  • Spain 1.406%, -6.3 basis points
  • Italy 1.704% -8.1 basis points
  • Portugal 1.931%, -9.6 basis points
  • Greece 5.076% -3.9 basis points

In other markets as London traders look to exitL

  • Spot gold down -$7.70 or -0.60% At $1274.35
  • WTI crude oil down to -$.23 or -0.40% at $57.12
  • US stocks are down a bit: S&P index down -0.2%. NASDAQ composite index down -0.22%. Dow industrial average down -0.7%
  • US yields are mixed. Two-year up 0.2 basis points. Five-year unchanged. 10 year 2.3127%, Down -0.3 basis points. It is testing its 200 day MA at 2.3101%. 30 year down -1.6 basis points at 2.7778%

The strongest and weakest currencies as London traders exit shows that the USD remains the strongest (it was the strongest at the start of the NY session) and the AUD also remains the weakest.