European indices close higher on the day. Gains led by Italy/Spain

Major European indices closed the day with gains across the board:

• German DAX, +0.41%
• France CAC, +0.42%
• UK FTSE 100 +0.47%
• Spain’s Ibex +0.80%
• Italy’s FTSE MIB +0.95%

looking at European debt market, yields are closing mostly higher:

• Germany 2.548%, +4.2 basis points
• France 3.042%, +4.4 basis points
• UK 4.175%, -1.0 basis points
• Spain 3.284%, +4.5 basis points
• Italy 3.869%, +5.0 basis points

As a London/European traders head for the exits, the broader US stock indices are trading down:

• Dow Industrial Average average up 20 points or 0.05% at 38827
• S&P index -9.0 points or -0.17% at 5344.50
• NASDAQ index -36.6 points or -0.21% at 17151 .26.

The small-cap Russell 2000 is down -14.37 points or -0.70% at 2049.48.

US yields are mixed/little changed:

• two year yield 4.734%, +0.3 basis points
• 5-year yield 4.302%, -0.3 basis points
• 10 year yield 4.289%, unchanged
• 30-year yield 4.439%, -0.2 basis points

Looking at other markets:

• crude oil is trading up $1.55 or 2.15% at $75.76
• Gold is trading up $18 or 0.76% at $2374.40.
• Silver is surging by $1.18 or 3.98% at $31.21
• Bitcoin is trading at $71,006. The high price reached $71,629. The low price is at $70,818.
• Ethereum is trading at $3836. It’s high price reached $3879. Its low price was at $3823.

This article was written by Greg Michalowski at www.forexlive.com.