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European shares closed mixed. German DAX down, UK’s FTSE 100 up

Mixed results in Europe

The European indices are closing the session with mixed results. Provisional closes are showing:
  • German DAX, -0.27%
  • France’s CAC, +0.1%
  • UK’s FTSE 100, +0.7%
  • Spain’s Ibex, -0.5%
  • Italy’s FTSE MIB, +0.1%
in the European debt market, the benchmark 10 year yields are also ending mixed with Germany, France, Spain marginally higher, while UK, Italy and Portugal are lower:

Nikkei 225 closes lower by 0.23% at 26,756.24

Asian equities mostly lower on the day

Nikkei 10-12

That said, equities in the region are closing closer to the highs and recovering off earlier lows after following the more sour overnight sentiment from Wall Street.

The Hang Seng is down by 0.5% while the Shanghai Composite is up 0.1% going into the closing stages. S&P 500 futures are keeping more flat but Nasdaq futures are down 0.3% as sentiment in big tech remains weak since trading yesterday.
That is leading to a more tepid mood ahead of European trading, with 10-year Treasury yields also down 1.6 bps to 0.92%.
In the currencies space, the dollar is more mixed as it pares some of its pullback against the euro, aussie and kiwi but is keeping higher against the yen and pound.

Major European indices close mixed for the 2nd consecutive day

German DAX +0.5%. France’s CAC, -0.2%

The major European indices are closing mixed for the 2nd consecutive day.

  • German DAX, +0.47%
  • France’s CAC, -0.2%
  • UK’s FTSE 100 +0.3%
  • Spain’s Ibex, +0.15%
  • Italy’s FTSE MIB, -0.3%
in other markets as European/London traders look to exit:
  • spot gold is trading sharply lower by $24.36 or -1.31% to $1846.15.
  • Spot silver is trading down $0.42 or -1.74% to $24.13
  • WTI crude oil futures are trading down $0.17 or -0.36% to $45.43. The inventory data shocked with a surprise build of 15.189 million barrels. Gasoline stocks also were over 2 times greater than expectations at +4.221M
  • Bitcoin on Coinbase it is trading down by $454.02 $18,317.02.  The low for the day reached $17,639. The high was at $18,838.51
In the US stock market, the major indices are trading lower. Doordash IPO is getting all the attention. The food delivery service company was priced at $102. The indicative opening price is now at $175 to $180.  That gives the company a market capitalization of well over $60 billion.
  • S&P index -6.5 points or -0.18% at 3695.50
  • NASDAQ index -42 points or -0.34% at 12540.64
  • Dow industrial average -58 points or -0.20% at 30114.38

Nikkei 225 closes higher by 1.33% at 26,817.94

Japanese stocks rebound after slower start to the new week

Japanese stocks rebound after slower start to the new week
Asian equities are higher for the most part, with the risk mood seeing a more positive tilt ahead of European trading today. US stimulus hopes helped to feed some optimism into the market but even as that was quashed, it didn’t dent sentiment on the day.

 

The Hang Seng is up 0.9% while the Shanghai Composite is bucking the trend and trading down by 0.6% going into the closing stages.
Elsewhere, S&P 500 futures are up by 0.2% and 10-year Treasury yields are up 1.7 bps to 0.934% as we look towards the session ahead.
In the major currencies space, the dollar and yen are the weaker performers with the aussie and kiwi leading gains with AUD/USD near 0.7450 currently.

European major indices end the day mostly lower. UK FTSE 100 as a small gain

German DAX -0.22%

The European major indices are ending the day mostly lower. The UK FTSE 100 is the outliner with a small gain.

The provisional closes are showing
  • German DAX, -0.22%
  • France’s CAC, -0.7%
  • UK’s FTSE 100, +0.1%
  • Spain’s Ibex, -0.6%
  • Italy’s FTSE MIB, -0.35%
In other markets as London/European traders look to exit:
  • Spot gold is trading sharply higher by around $26 or 1.41% to $1864.67. The I price reached $1868.60.
  • Spot silver is trading up $0.45 or 1.87% at $24.63
  • WTI crude oil futures are trading down $0.30 -0.65% of $45.96
  • Bitcoin on Coinbase is trading down $33 and $19,214.50.  The G7 financial ministers met on a conference call today and cited strong support on need to regulate digital currency’s
The US stocks are trading mixed, with the Dow down while the NASDAQ index is higher. The S&P index is trading marginally lower.  The NASDAQ is traded to an all-time new high price today at 12436.22
  • NASDAQ index up 56 points or 0.45% at 12519.73
  • S&P index down 3.52 points or -0.10% at 3695.62
  • Dow industrial average -118.07 points or -0.4% at 30098

Eurostoxx futures -0.2% in early European trading

Tepid tones observed in early trades

  • German DAX futures -0.2%
  • UK FTSE futures +0.4%
  • Spanish IBEX futures flat
This largely reflects similar tones to yesterday, with UK stocks still benefiting from the vaccine news from earlier this week as well as some Brexit optimism; although the latter has been slightly tempered with since late trading yesterday.
S&P 500 futures are up 0.2% but not really doing a whole lot so far today.

European shares end the day with mixed results

UK FTSE 100 rises on hopes for a Brexit deal

The European shares are ending the day with mixed results. The UK FTSE 100 closed higher. The France’s CAC was near unchanged and the German DAX fell.

The provisional closes are showing:
  • German DAX, -0.4%
  • France’s CAC -0.1%
  • UK’s FTSE 100 +0.38%
  • Spain’s Ibex, -0.15%
  • Italy’s FTSE MIB, +0.2%
In the European debt market, the benchmark 10 year yields will fell around 3 basis points on the day:
UK FTSE 100 rises on hopes for a Brexit deal_
In other markets:
  • Spot gold is trading unchanged at $1831.44.
  • Spot silver is a down $0.16 -0.66% at $23.94
  • WTI crude oil futures are up $0.20 or 0.44% of $45.48

European major indices close the day with mixed results. UK FTSE 100 rises

Spain’s Ibex also higher on the day

The major European indices are closing the day with mixed results. The gains were led by the FTSE 100. The Spanish Ibex also moved higher. The German DAX lagged.

The provisional closes are showing:
  • German DAX, -0.55%
  • France’s CAC, unchanged
  • UK’s FTSE 100, +1.2%
  • Spain’s Ibex, +1.0%
  • Italy’s FTSE MIB, -0.5%
In other markets as London/European traders look to exit:
  • spot gold is trading up $13.78 or 0.76% at $1829.02.
  • Spot silver is trading down $0.01 or -0.05% at $23.99
  • WTI crude oil futures are up $0.94 or 2.11% at $45.48. That is just off the high price of $45.69. The low price extended to $43.92.  Talks between Opec Plus continued today and vibe appears to be a lot more diplomatic and delegates say that they are positive consensus will be reached tomorrow.
  • Bitcoin on Coinbase is trading down $140 and $18,919
In the US stock market, the major indices are going back earlier declines:
  • S&P index is now up 2.14 points or 0.05% at 3664.47. The low price reached 3644.84
  • NASDAQ index is still down 17.3 points or -0.14% 12337.50. The low price reached 12217.34
  • Dow industrial average is down 8 points or -0.03% at 29815. The low price reached 29599.29
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