Technical Analysis

European major indices close with modest declines

UK’s FTSE unchanged

The major European stock indices are closing with modest declines.

The provisional closes are showing:

  • German DAX, -0.5%
  • UK’s FTSE, unchanged
  • France’s CAC, -0.1%
  • Spain’s Ibex, -0.2%
  • Italy’s FTSE MIB bucked the trend moving up by 0.73%
  • Portugal’s PSI 20 unchanged

In the benchmark 10 year note sector, yields are mostly higher. France’s 10 year toyed with the idea of moving back to the positive side, rising to 0.022%, but has backed off and trades at -0.015%.  German 10 year traded as low as -0.34% and as high as -0.281% and is currently trading at -0.306%

 

ForexLive

Articles You May Like

RBNZ’s Hawkesby: We need to keep rates at low level for some time
NZD/USD looks for clear direction near 2-week high, US-China headlines on the radar
Trading Forex Supply and Demand: The only strategy you need
USD/CAD price news & forecast: canadian dollar spikes to 1.3300 handle, over 1-month tops
AUD/JPY Technical Analysis: Remains on the back foot near 50% Fibo. after Australia PMI

Leave a Reply

Your email address will not be published. Required fields are marked *