European stocks end the session with modest gains

17

10 year yields are lower

The European stocks are modestly higher in trading today

  • German Dax up 0.1%
  • France CAC up 0.2%
  • UK FTSE up 0.1%
  • Spain’s Ibex up 0.3%
  • Portugal’s PSI20 unchanged
  • Italy’s FTSE MIB bucked the trend and ends down -0.4%

In the EU 10 year debt market:

  • Germany 0.365%, down -0.7 bp
  • France 0.778%, down -1.0 bp
  • UK 1.277%, down -5.9 bp
  • Spain 1.55%, down -3.0 bp
  • Portugal 2.326%, unchanged
  • Italy 2.00%, down -3.1 bp

At the end of the London day:

  • Spot gold is down -$11 or -0.84% to $1284.16
  • WTI crude oil is down -$0.59 or -1.14% to $51.28
  • US stocks are little changed
  • US yields are mixed after being higher earlier. 2 year is unchanged. 5 year is up 0.6 bp. 10 year is unchanged. 30 year is down -1.5 bp

In the forex market, the USD is the strongest, but off the morning highs.  The GBP remains the weakest currency of the day (see earlier rank at the start of the US day here).

Source