Back into the black after the declines yesterday
The European shares are ending the session higher. The laggard is the UK FTSE 100 which rose by a scant +0.1%. The gains were also varied with the German DAX leading the way at +1.0%. Shares move higher on Monday but gave back some of the gains on Tuesday.
The provisional closes are showing:
- German DAX rose 1.0%. The low for the day reach -0.39%
- France’s CAC rose 0.8%. The low for the day reached -0.61%
- UK’s FTSE 100 rose 0.1%. The low for the day reach -0.74%
- Spain’s Ibex rose 0.24%. The low for the day reached -0.53%
- Italy’s FTSE MIB rose 0.24%. The low for the day reached -0.51%
In other markets as London/European traders look to exit:
- Spot gold is trading up $16 or 0.82% at $1944. It is trading just off the high price for the day at $1945.98. The low price extended to $1902.89.
- Spot silver is also higher. It is trading up $0.58 orders 2.2% at $27.12. That is just off the high price of $27.15
- WTI crude oil futures are higher by $0.08 at $43.43. Hurricane Laura is bearing down on the Louisiana/Texas border. Inventory data showed a larger than expected drawdown but in line with the API data from last night. The high price reached $43.78. The low price has bottomed at $43. The price is above its 200 day moving average at $43.25 today.