European shares close the day with mixed results

German DAX, +0.2%. France’s CAC unchanged,

The major European shares are closing the day with mixed results.  The provisional closes are showing:

  • German DAX, -0.2%
  • France’s CAC unchanged
  • UK’s FTSE 100, -0.4%
  • Spain’s Ibex, +0.2%
  • Italy’s FTSE MIB, +0.1%
in the European debt market, the benchmark 10 year yields are lower with the UK 10 year down -4.5 basis points.
European yields are lower
A snapshot of the US stock market as traders prepare for Fed chair Powell speaking at the top of the hour:
  • S&P index +5 points or 0.13% at 3824.91
  • NASDAQ index -25 points or -0.17% at 12970
  • Dow industrial average up 76 points or 0.24% at 31347
In the US debt market, yields are marginally lower, with the 30 year bond yield is down -2.1 basis points:
US yields are lower
In the forex market, the CAD has moved to the strongest of the majors. The CHF remains the weakest followed closely by the JPY. The USD remains mixed but has shifted a little more to the weaker bias. Nevertheless it remains higher vs. a CHF, JPY and EUR, and lower worsening CAD, AUD, NZD and GBP.