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A good day for European indices


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Indices move higher with German Dax up 1.7%

The major European indices are ending the day higher. It is a good day for investors.
The provisional closes are showing:

  • German DAX, +1.7%
  • France’s CAC, +1.3%
  • Britain’s FTSE, +0.8%
  • Spain’s Ibex, +0.6%
  • Italy’s FTSE MIB, +1.3%

The benchmark 10 year yields are trading mostly lower, with the riskier countries ( Spain, Italy, Portugal) moving the most.
In other markets as London/European traders look to exit:

  • spot gold, $-11.80 or -0.91% at $1285
  • WTI crude oil futures are up $1.28 or 2.06% $63.30

 US stocks continue their surge higher and  are trading near highs for the day

  • S&P index +37.5 points or 1.32% at 2888.57
  • NASDAQ index +112 points or 1.43% at 7934
  • Dow Jones up 279 points or 1.08% at 25926

US yields are higher today with a flatter yield curve:

A snaphot of the currency market is showing the USD is the strongest of the major currencies followed by the CAD. The GBP is the weakest.

ForexLive

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