As London/European traders look to exit for the day, stocks gave up their gains and so did bonds. In the European debt market, the benchmark 10 year yields are ending up marginally on the day after sharp declines earlier in the day. The UK 10 year yield traded as low as 1.814%. It is currently trading at 1.975%. The German 10 year reached a low 0.909% and is going out near 1.043%. European benchmark 10 year yields The USD is ending the European session as the runaway strongest of the major currencies. The greenback is up 0.93% (vs the CAD) to 2.41% (Vs. the AUDUSD). The greenback is up 2.27% vs the GBP and 2.14% vs the NZD. The strongest to weakest of the major currencies In the US stock market as London/European traders head for the exits, the story is not looking good for the longs:Dow is down over 1000 points or -3.11% at 32996S&P is down -157 points or -3.65% at 4143.03Nasdaq is down -632 points or -4.90% at 12329. In the US debt market, 2 year 2.736%, +12.2 basis points5 year 3.052%, +15.9 basis points10 year 3.093%, +17.7 basis points30 year 3.186%, +18.2 basis points
European yields move back higher after erasing large decline. Follow US markets
By 5950x1 Min Read
Member Support: License Management
8 Copthall Roseau Valley 00152 Dominica
@ 2023 Euronis Software LLC
Euronis is fully automated trading software.
Risk warning: Forex, spread bets and CFDs are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.