The major European indices are ending the day higher. German DAX rose 0.6%. France’s CAC is up 0.5%
A look at the provisional closes shows:
German DAX up 0.6%
France’s CAC up 0.5%
Spain’s Ibex, up 0.9%
Italy’s FTSE MIB, +1.1%
Recall UK markets are closed today for the early May bank holiday.
Other markets as European traders looked exit:
Spot gold is trading higher by $22.24 or 1.26% at $1791.40. The high price reached $1797.98.
Spot silver is up $0.93 or 3.61% at $26.85
WTI crude oil futures are up $0.89 or 1.38% at $64.47
The price of bitcoin is trading up $853 or 1.5% at $57,908.47.
In the US debt market, yields have reversed lower earlier higher levels. The 10 year yield reached a high of 1.653%. Is currently trading at 1.614%. That is still above the low for the day 1.576% in volatile trading.
In the forex, the GBP is the strongest of the majors while the USD is the weakest (but off the NY session lows).