The major European indices have bounced back in trading today with all the indices higher. A snapshot of the closing levels shows:
German DAX, +0.68%France CAC +1.22%UK FTSE 100 +1.21%Spain’s Ibex +0.18%Italy’s FTSE MIB +0.12%
For the trading week, most of the indices were higher with the exception of Italy’s FTSE MIB
German DAX +1.38%France CAC, -0.22%UK FTSE 100, +1.59%Spain’s Ibex, +0.71%Italy’s FTSE MIB, -1.09%
In the European debt market yields move lower today, Looking at the benchmark 10 year yields:
Germany, -3.0 basis points at 2.403%. For the trading week, yields fell -6.3 basis here.France, -2.5 basis points at 3.11%. For the trading week, yields fell -1.9 basis pointsUK -3.7 basis points at 4.11%. For the trading week, yields fell 3.0 basis points.Spain -4.0 basis points at 3.232%. For the trading week, yields fell -2.8 basis points. Italy, -2.3 basis points at 3.762%. For the trading week, yields fell -2.4 basis points
This article was written by Greg Michalowski at www.forexlive.com.
