Archives of “FTSE MIB” tag

rss

European shares end the session with declines

  
Analysis, Global Indices
#  #  #  #  #  #  #  #  #  #  #  #

UK FTSE outperforms

The European shares are ending the session with declines.  The UK FTSE 100 the better than others on the GBPs weakness.
The provisional closes are showing:
  • German DAX, -1.06%
  • France’s CAC, -1.25%
  • UK’s FTSE 100, -0.10%
  • Spain’s Ibex, -1.02%
  • Italy’s FTSE MIB, -0.7%
In the European debt debt market, the benchmark 10 year yields are ending lower across the board. Declines range from -2.7 basis points to -3.6 basis points:
UK FTSE outperforms_

In other markets as European traders look to exit:

  • spot gold is trading up $6.05 or 0.34% at $1808.82. The low extended to $1790.79. The high for the day is near current levels at $1809.74
  • WTI crude oil futures are trading up $0.31 or 0.77% at $40.41 for the August contract. The September contract is also higher by $0.33 or 0.82% at $40.65
In the US stock market the Dow industrial average outperforms while the NASDAQ index get whipped around and volatile trading. The current snapshot shows
  • S&P index up 12.8 points or 0.41% at 3168.16
  • NASDAQ index down 2.6 points or -0.02% at 10391.16
  • Dow industrial average up 288 points or 1.11% at 26374
The NASDAQ index has whipped around in with the low falling -2.01%. The high extended up 0.42%.  The point range is around 250 points from low to high.

European indices end the day with declines

  
Analysis, Global Indices
#  #  #  #  #

German DAX, -1.4%

The major European indices are ending the day with declines. A look at the provisional closes shows:

  • German DAX, -1.4%
  • France’s CAC, -1.5%
  • UK’s FTSE 100, -2.1%
  • Spain’s Ibex, -0.7%
  • Italy’s FTSE MIB, -1.3%
  • Portugal PSI 20, -1.63%
In the European debt market, the benchmark yields are moving higher, with investors shunning the risk year countries including Spain, Italy, and Portugal. France 10 year yields remain above the 0.0% level at 0.072%.

Major indices in Europe close sharply lower

  
  Analysis
#  #  #

For the week major indices close sharply higher

The major indices are closing the day lower with the UK’s FTSE 100 leading the way to the downside:
  • German DAX, -1.6%
  • France’s CAC, -1.5%
  • UK’s FTSE 100, -2.5%
  • Spain’s Ibex, -2.3%
  • Italy’s FTSE MIB, -0.7%
For the week, the major indices closed sharply higher with the France’s CAC and Spain’s Ibex leading the way:
  • German DAX, +4.7%
  • France’s CAC, +6.13%
  • UK’s FTSE 100, +1.2%
  • Spain’s Ibex, +6.3%
  • Italy’s FTSE MIB, +5.2%

Looking at the daily chart for the German DAX, the index moved above its 100 day moving average for the 1st time since February 24 this week. That moving average currently comes in at 11559.22. The price is closing above that level trading today giving a more positive bias despite the declines on the day.. The low today in the German DAX reached 11575.74 – above that key moving average level.

European shares end the session lower

  
Analysis, Global Indices
#  #  #  #  #

But off lowest levels for the day

The major European indices are ending the session lower, but off the lowest levels of the day. The provisional closes are showing:
  • German DAX, -1.4%
  • France CAC, -1.2%
  • UK’s FTSE, -0.8%
  • Spain’s Ibex, unchanged
  • Italy’s FTSE MIB, -0.8%
In the debt market, the benchmark 10 year yields are ending the session lower. With the UK yield down -5.5 basis points.
But off lowest levels for the day_

European shares end the session with declines

  
Analysis, Global Indices
  Tags

German DAX -2.1%. France’s CAC down -1.9%

The major European indices are ending the session with declines.
  • German DAX, -2.0%
  • France’s CAC, -1.9%
  • UK’s FTSE 100, -2.8%
  • Spain’s Ibex, -2.7%
  • Italy’s FTSE MIB, -1.9%
  • Portugal’s PSI 20, -2.9%
in the European debt market, the benchmark 10 year yields are ending the session mixed. Germany and UK yields are down marginally (-1 basis point and -0.3 basis points respectively). Italian yields rose 1.7 basis points despite ECB’s Villeroy’s comment that yields and spreads do matter to the ECB.   Portugal 10 year yields are up 2.2% as well.

European shares end sharply lower on the day on global growth concerns

  
Analysis, Global Indices
#  #  #  #  #  #

Coronavirus hurting major indices

European major indices are ending sharply lower on the back of global growth concerns as a result of the coronavirus.  The provisional closes are showing:
  • German DAX, -2.6%
  • France’s CAC, -2.7%
  • UK’s FTSE 100, -2.32%
  • Spain’s Ibex, -1.9%
  • Italy’s FTSE MIB -2.2%

In the European debt markets, yields are ending sharply lower with Italy leading the way after regional elections turned back attempts from Salvini’s attempt to bring national politics more to the right (and away from the EU).  Investors flocked into the Italian debt instruments.

European yields are sharply lower with Italy leading the way

In other markets as European/London traders look to exit are showing:
  • spot gold up $10.70 or 0.68% $1582.25
  • WTI crude oil futures are down $1.56 4-2.86% at $52.64. That is off the low $52.13.  Brent crude oil futures are down $1.77 or 2.9% at $58.93. It’s low reached $58.50

European major bourses are closing lower on the day

  
Analysis, Global Indices
#  #  #  #  #  #

German DAX -1.0%. UK FTSE, -0.9%

The major European bourses are closing lower on the day.  Global concerns about the impact of coronavirus have sapped the energy from the stock market.
The provisional closes are showing:
  • German DAX, -1.0%
  • France’s CAC, -0.7%
  • UK’s FTSE 100, -0.9%
  • Spain’s Ibex, -0.6%
  • Italy’s FTSE MIB is trading near unchanged
In the European benchmark 10 year debt sector, yields are trading lower on the day. The Italian yields are down the most at -9.3 basis points. The others countries yields are down around 5 basis points each. Below are the basis point changes as well as the high and low yields trading today:
German DAX -1.0%. UK FTSE, -0.9%_

European shares end mostly lower. FTSE 100 does rise though

  
Analysis, Global Indices
#  #  #  #  #

UK FTSE 100, +0.23%

The major European indices are ending the session mostly lower. The the exception is the UK’s FTSE 100 which has moved up by 0.23% on the day.
The provisional closes are showing:
  • German DAX, -0.28%
  • France’s CAC, -0.2%
  • UK’s FTSE 100, +0.23%
  • Spain’s Ibex, -0.24%
  • Italy’s FTSE MIB, -0.69%
In the European debt market, the benchmark 10 year yields are mostly lower (with the exception of the Portuguese 10 year note):
The European yields are lowerIn other markets as London/European traders look to exit for the day (and just ahead of the ceremonial signing of the US/China phase 1 trade deal):

  • Spot gold is up $4.25 or 0.28% at $1550.63
  • WTI crude oil futures are trading down $0.51 or -0.86% at $57.74
In the US stock market the major indices are higher and trading at record levels:
  • S&P index up 14.9 points or 0.46% at 3298.13 (high for the day). It is getting closer to the 3300 level
  • NASDAQ index is up 42.84 points or 0.46% at 9294.17. The high reached 9298.82 just short of the 9300 level
  • The Dow is up 168 points or 0.58% at 29108.24
In the US debt market, the yields are lower and the yield curve flatter again with the 2 – 10 year spread down to 22.44 basis points from 24.09 basis points at the close yesterday.

European shares end the day (and the week) with solid gains

  
Analysis, Global Indices
#  #  #  #  #

Global hope on Brexit and a US/China deal

The major European indices are ending the day (and the week) with solid gains. The provisional closes are showing:
  • German DAX, up 2.7%. That is the best day cents January 4
  • France’s CAC, up 1.7%
  • UK’s FTSE, up 0.7%
  • Spain’s Ibex, up 1.7%
  • Italy’s FTSE MIB, up 1.8%
For the week, the major indices are also ending with decent games.  Provisional changes for the week are showing:
  • German DAX, +4.1%
  • France’s CAC, +3.2%
  • UK’s FTSE, +1.22%
  • Spain’s Ibex, +3.28%
  • Italy’s FTSE MIB, +3.1%

In the European debt market, the benchmark 10 year yields are mostly higher with UK yields soaring by 12.1 basis points on hopes for a Brexit deal.

UK yields have soared by 12.1 basis points today
Looking at the yield chart for the 10 year in the UK, the yield moved above its 100 day moving average today for the 1st time since little looks above in April and May (that failed).  The last extended time above the 100 day MA was back in November 2018 (at much higher levels).
The UK 10 year yield

European shares closing with losses

  
Analysis, Global Indices
#  #  #  #  #

German Dax, Frances, CAC, UK FTSE all in the red

The major European stock indices are closing with losses on the day.  The provisional numbers are showing:
  • German DAX, -0.72%
  • France’s CAC, -0.77%
  • UK’s FTSE, -0.61%
  • Spain’s Ibex, -1.17%
  • Italy’s FTSE MIB, -0.56%
In the European debt market the benchmark 10 year yields are also lower.   France’s yield is back below the 0.0% level (closed at 0.009% yesterday), trading at -0.036% near the close.
German Dax, Frances, CAC, UK FTSE all in the red
Go to top