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%



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