European shares and mixed and well off the lows for the day

Recover much of the earlier losses

  • German DAX -0.4%.  The low reached -1.5%
  • France’s CAC -0.2%. The low reached -1.39%
  • UK’s FTSE 100 +0.2%. The low reached -1.19%
  • Spain’s Ibex +0.1%. The low reached -1.22%
  • Italy’s FTSE MIB -0.1%. The low reached -1.29%
For the week, provisional closes are showing gains for the major indices across the board:
  • German DAX, +1.76%
  • France’s CAC, +1.8%
  • UK’s FTSE 100, +0.75%
  • Spain’s Ibex, +1.8%
  • Italy’s FTSE MIB, +1.8%
In the European debt market, the benchmark 10 year yields are ending the session mixed. German and UK yields are higher. Spain, Italy, and Portugal yields are lower.
European yields are mixedIn other markets as the European/London traders look to exit for the weekend:
  • Spot gold is trading up $0.72 or 0.04% at $1906.70. The high price reached $1917.16. The low extended to $1889.93
  • Spot silver is trading up $0.28 or 1.2% at $24.06. The high price reached $24.20. The low extended to $23.48
  • WTI crude oil futures are trading down $1.24 or -3.20% at $37.47. That is rebounding off of the New York session low at $36.63. But still below the high for the day at $38.65.