Technical Analysis

European shares end higher

Yields are mixed

The provisional closes for the European stock markets are showing mostly higher levels on the day. The numbers are showing:

  • German DAX, +0.20%
  • France’s CAC. +0.86%
  • UK’s FTSE, +0.42%
  • Spain’s Ibex. +0.28%
  • Italy’s FTSE MIB, +0.62%

IN the 10 year benchmark note market, yields are ending the session mixed.

US yields are showing a steepening of the yield curve today with the 2 year down -0.6 bps and the 30 year up 2.8 bps.
US yields are steepening the yield curve today

The snapshot of the forex markets is showing the USD is the strongest of the majors and the NZD is the weakest. 

The USD is the strongest. The NZD is the weakest.

US stocks are near unchanged levels with:

  • S&P index up $0.71
  • Nasdaq up 2.75 points
  • Dow up 21.84 points

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