European major indices close higher

Nov 29, 2021
2021 11 29 9 38 32

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… However off their greatest ranges

The most important European indices are closing increased however off their greatest ranges in a lot of the indices.

  • German DAX, +0.13%. It traded as excessive as up 1.2%
  • France’s CAC, +0.6%. It traded up 1.51% on the session highs
  • UK’s FTSE 100, +1.08% after buying and selling as excessive as 1.67%
  • Italy’s FTSE MIB, +0.85%. It traded as excessive as 1.86%
  • Spain’s Ibex, +0.50% after buying and selling as excessive as 1.91%.

Within the European debt market, the benchmark 10 yr yields gave up early beneficial properties and are buying and selling extra blended. The UK 10 years up 3.0 foundation factors at 0.853%. Francis 10 yr is buying and selling at 0.04% after being as excessive as 0.07%.

... But off their best levels_

One other it is as London/European merchants look to exit:

  • Dow industrial common up 150 factors or 0.44% at 35049
  • S&P index up 54.19 factors or 1.18% at 4648.77
  • NASDAQ index up 245 factors or 1.59% 15737.10
  • Russell 2000 is now unfavorable on the day at minus 7.7 factors or -0.34% that 2238.28

Within the US debt market, the yields are additionally coming off their excessive ranges and at the moment are blended alongside the maturity spectrum. The ten yr yield reached 1.565%. It’s at present buying and selling down at 1.511%. The 2 yr yield traded as excessive 0.559% however is now unfavorable on the day at 0.5098%

US yields are mixed

A snapshot of the foreign exchange market at present exhibits the CAD it’s now the strongest of the majors adopted by the USD (the AUD was the strongest at first of the day). The NZD is now the weakest. The JPY was the weakest as North American merchants entered for the day.

The US dollar is higher

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