Technical Analysis

European stock indices and lower but well off low extremes

European major stock indices end the session lower

The major European stock indices are ending the session lower but well off low extreme levels.

The provisional closes are showing:

  • German DAX, -0.5%
  • France’s CAC, -0.1%
  • Britain’s FTSE, -0.1%
  • Spain’s Ibex, -0.2%
  • Italy’s FTSE MIB, -0.22%

For the week, the indices are ending with gains:

  • German DAX, +1.4%
  • France’s CAC, +2.15%
  • Britain’s FTSE, +2.0%
  • Spain’s Ibex, +1.7%
  • Italy’s FTSE MIB, +1.0%

In the 10 year benchmark note sector, yields are ending lower, but off the low levels for the day. The German 10 year is still below 0.0% at -0.103%.

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