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Sat, 22nd July 2017

Anirudh Sethi Report

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Archives of “Global Indices” Category

European Indices end the week on a sour note (for longs that is)

Declines across the board

The higher EUR is continuing to weigh on the European stocks today.
  • German Dax fell -1.7%
  • France’s CAC fell -1.5%
  • UK FTSE fell -0.4%
  • Italy’s FTSE MIB fell -1.1%
  • Portugal’s PSI20 fell -0.3%
  • Spain’s Ibex fell -1.4%
For the week, most of the indices were lower (UK FTSE the exception):
  • German Dax down -3.10%
  • France’s Cac down -2.25%
  • UK FTSE up 1.01%
  • Italy’s FTSE MIB -1.35%
  • Portugal’s PSI20 -0.12%
  • Spain’s Ibex -2.11%
In the European 10 year debt market today,
  • German 0.505%, -2.5 bp
  • France 0.751%, -2.5 bp
  • UK 1.174%, -3 bp
  • Italy 2.07%, -4 bp
  • Portugal 2.911%, -9 bp
  • Spain 1.457%, -3 bp
  • Greece, 5.26%, unchanged.

European Indices closed.FTSE closed Positive ,Rest all Negative

UK FTSE up 0.8%. German Dax down -0.2%.

The major European stock indices are ending the day with mixed results:
  • German Day is down -0.2%
  • France’s CAC is down -0.4%
  • UK FTSE is up 0.8%
  • Spain’s Ibex is down -0.2%
  • Italy’s FTSE MIB is down -0.2%
  • Portugals PSI20 is up 0.2%
In the European debt market, yields are lower mostly lower:
  • Germany 0.533%, unchanged
  • France 0.779%, -2.2 bp
  • UK 1.207%, +1 bp
  • Spain 1.489%, -7 bp
  • Italy 2.12%, -7 bp
  • Portugal 3.01%, -5.5 bp
  • Greece 5.263%, unchanged.

European Indices end the day mostly higher

Lower EUR relieves some pressure.

The European major stock indices are ending the day mostly higher. Better earnings and a lower EUR are helping.
  • German Dax up 0.1%
  • France CAC up 0.7%
  • UK FTSE up 0.4%
  • Spain’s Ibex up 0.5%
  • Italy’s FTSE MIB up 0.6%
  • Portugal’s PSI20 bucked the trend, ending down -0.1%
In the European 10 year debt market today is little changed:
  • Germany 0.543%, down -1 bp
  • France 0.803%, down -1 bp
  • UK 1.193%, down -1 bp
  • Spain 1.562%, up 1 bp
  • Italy 2.195%, unchanged
  • Portugal 3.069%, unchanged
  • Greece 5.258%, unchanged.

European Indices end the session with losses.

German Dax leads the way lower

The European stocks are ending the session with losses. The German Dax is leading the way as the higher EUR is painful to their export prospects.
Specifically today,
  • German Dax is ending down -1.2%
  • France CAC is ending down 1.0%
  • UK FTSE is down -0.2%
  • Italy FTSE MIB is ending down -0.6%
  • Spain’s Ibex is down -1.5%
  • Portugal PSI20 bucked the trend with a gain of +0.30%
In the European debt market, the 10 year yields are lower:
  • Germany 0.555%, down -2.6 bp
  • France 0.817%, down -2.8 bp
  • UK 1.207%, down -6.4 bp
  • Italy 2.197%, down -4.0 bp
  • Spain 1.557%, down -3.4 bp
  • Portugal 3.067%, down -3.3 bp

European Indices closed mostly lower

UK FTSE bucks the trend with a gain of 0.5%

The major European stock indices are ending the session mostly lower.
  • German Dax ended down -0.3%
  • France Cac ended flat
  • Spain’s Ibex ended down -0.1%
  • Portugal PSI20 ended down -0.2%
  • Italy FTSE MIB ended unchanged
The UK FTSE bucked the trend with a gains of 0.5%.
In the 10 year debt market yields were lower
  • Germany 0.583%, -1.4 bp
  • France 0.845%, -1.7 bp
  • Spain 1.591%, -6 bp
  • Portugal 3.099%, -5.4 bp
  • Italy 2.238%, -5.1 bp
  • UK 1.270%, – 4 bp