German Dax up 1.73%
The major European shares are ending the day with sharp gains, led by the German Dax. Helping the sentiment is better European nonmanufacturing data, hopes for a Brexit compromise and progress on US/China. Is the bottom in? That is a big “if” but investors are jumping in.
The provisional closes are showing:
- German DAX, +1.73%. It is also running from the 200 day MA
- France’s CAC,+0.81%
- UK’s FTSE, +0.34%
- Spain’s Ibex, +1.28%
- Italy’s FTSE MIB, +1.08%
- Portugal’s PSI 20, +0.97%
In the benchmark 10 Year Note sector, yields a higher and the German tenure has moved back above the 0.0% level (just barely, but it is above).
