UK FTSE likes the lower GBPUSD (ignore Brexit mess)
The European shares are ending session with decent gains, led by the UK FTSE which is higehr by 1.07%. Traders like the lower GBP I guess.
The provisional closes are showing:
- German DAX, +0.66%
- France’s CAC, +0.34%
- UK’s FTSE, +1.07%
- Spain’s Ibex, +0.44%
- Italy’s FTSE MIB, unchanged
- Portugal’s PSI 20, up 0.55%
The benchmark 10 year yields are ending mostly lower (the exception is the Italian 10 year). The German 10 year remains below the 0.0% rate. The high yield reached -0.025% in trading today.
