The major European indices are closing the day in the red after all the indices closed higher yesterday.
The closing levels are showing:
German DAX, -0.25%France’s CAC -0.61%UK FTSe100 -0.80%Spain’s Ibex -0.91%Italy’s FTSE MIB -0.26%
In the European debt market:
Germany 2.338%, +5.5 basis pointsFrance 3.080%, +7.5 basisUK 4.316%, +6.4 basis pointsSpain 3.035%, +5.1 basis pointsItaly 3.563%, +6.8 basis points
Over the month of October,. 10 year yields are higher:
Germany, +20.7 basis pointsFrance, +16.2 basis pointsUK, +32.0 basis pointsSpain +9.5 basis points Italy, +11.6 basis points
This article was written by Greg Michalowski at www.forexlive.com.