European major indices close higher in the day

The major European indices are closing higher on the day. The biggest gainer was the Italian FTSE MIB which rose high over 1.8%.

You look at the closes shows:

• German DAX, +1.76%
• France's CAC, +1.64%
• UK's FTSE 100 +0.77%
• Spain's Ibex, +1.74%
• Italy's FTSE MIB +1.86%

In the benchmark 10 year yields, yields were little changed above and below the unchanged level.

In the forex, the EUR EUR The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value The euro (EUR) is the official currency of the European Union (EU) and 19 of 27 member states at the time of writing. It is the second most-traded currency worldwide in forex markets after the US dollar.The euro was originally introduced back on January 1, 1999, having replaced the European Currency Unit. Banknotes and physical euro coins subsequently entered circulation only in 2002.Upon its adoption, the euro replaced domestic currencies in participating EU member states. The rise in its value Read this Term is the strongest of the majors while the CHF is the weakest. The USD made a run to the upside in the NY morning session but has since given up those gains and moved back lower. It still has gains verse the JPY, CHF and CAD, but is negative reverse the other major currencies Currencies Currencies are a typically a form of money in wide circulation, being the primary medium of exchange with respect to buying and selling goods and services. These are often issued by a specific government or collection of governments, by way of paper notes and coins. Other forms of currencies include previous metals such as gold and silver, and digital currencies such as Bitcoin. Currencies serve as a backbone of the country’s or countries’ economy, due to the perception of value held by the popu Currencies are a typically a form of money in wide circulation, being the primary medium of exchange with respect to buying and selling goods and services. These are often issued by a specific government or collection of governments, by way of paper notes and coins. Other forms of currencies include previous metals such as gold and silver, and digital currencies such as Bitcoin. Currencies serve as a backbone of the country’s or countries’ economy, due to the perception of value held by the popu Read this Term in up and down trading. The EUR benefited from decreased tension on the Russia/Ukraine border (although risks still remain).

The US stock market remains well supported as London/European traders look to exit:

• Dow Jones is up 108 points or 1.18% at 34976
• S&P index is up 61 points or 1.39% at 4462.74
• NASDAQ index is up 287 points or 2.08% 14077
• Russell 2000 is up 44 points or 2.22% at 2065.64