Business

European indices close with strong gains


The main European indices end with strong gains.

Temporary fences display:

  • German DAX, + 1.5%
  • CAC France, + 1.7%
  • British FTSE 100, + 1.7%
  • Ibex from Spain, + 2.4%
  • Italian FTSE MIB + 2.2%

In the European debt market, benchmark 10-year yields are all down, but by less than a basis point.

European 10-year yields are now slightly lower

In other markets, as London / EU traders seek to exit:

  • Spot gold is trading down $ 1.50 or -0.09% $ 1,781.20
  • Cash is down $ 0.23 or -0.99% to $ 22.29
  • Crude Oil trades up $ 1.70 to $ 68.11
  • Bitcoin is trading just below the $ 50,000 to $ 49,246 level

In the US stock market, the Dow industrial average is leading the way as investors look to more cyclical stocks. The NASDAQ index is missing but is currently trading higher the same day after volatile swings above and below unchanged:

  • Industrial average Dow up 602 points or 1.74% to 35,183
  • S&P Index up 43 points or 0.95% to 4,581.37
  • NASDAQ index up 41 points or 0.27% to 15,126

In the US debt market, yields are rising with a slightly more pronounced bias. The 2- to 10-year spread is almost 78 basis points compared to 75 basis points:

Yields

US yields are on the rise. Slightly steeper yield curve


cnbctv18-forexlive-benzinga

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button