German Dax -1.5%. UK FTSE -1.15%.
The major European stock in season ending the day with sharp losses. The provisional closes are showing:
- German DAX, -1.54%
- France’s CAC, -1.70%
- UK’s FTSE, -1.15%
- Spain’s Ibex, -1.2%
- Italy’s FTSE MIB, -1.24%
In the benchmark 10 year note sector, yields have continued their trend lower with the larger declines in the more “risky” countries ( Spain Italy Portugal).
In other markets, as traders in London/Europe look toward the exits:
- Spot gold is trading at $3.28 or 0.25% at $1282.61
- WTI crude oil futures are getting smashed at $-2.04 or -3.42% at $57.11. The oil complexes getting hurt on expectations for weaker global demand