FLASH NEWS
FLASH NEWS
Sunday, January 24, 2021

European main indices rebound from lows and shut increased on the day

Modest beneficial properties for the most important indices

The foremost European indices rebounded off of earlier low ranges and are closing modestly increased on the day.  The provisional closes are exhibiting

  • German DAX +0.2%. The low worth reached -0.4%. The excessive worth prolonged up 0.38%
  • France’s CAC +0.3%. The low worth reached -0.13%. The excessive worth attain +0.5%
  • UK’s FTSE 100 -0.1%. The low worth reached -0.27%. The excessive worth reached +0.27%
  • Spain’s Ibex +0.3%. The low worth reached -0.33%. The excessive worth reached +0.49%
  • Italy’s FTSE MIB +0.4%. The low worth reached -0.32%. The excessive worth reached +0.72%

in different markets as London/European merchants look to exit:

  • Spot gold is buying and selling up $3.74 or 0.2% at $1858.54.
  • Spot silver is buying and selling down $0.05 oh -0.22% at $25.50
  • WTI crude oil futures are buying and selling down $0.11 or -0.21% $53.10. Crude oil inventories confirmed a drawdown of -3248Ok vs. expectations of -3000Ok.  The excessive worth reached $53.93. The low worth prolonged to $52.58 to this point at this time
  • Bitcoin on Coinbase is buying and selling down $130 at $34575. The excessive worth reached $35,233.27. The low worth prolonged to $32,309.04

Within the US inventory market, the NASDAQ index is a number one the way in which with a acquire of round 0.6%. The Dow industrial common is buying and selling unchanged:

  • S&P index up 9 factors or 0.24% of 3810.26
  • NASDAQ index up 83 factors or 0.64% 13155.70
  • Dow unchanged on the day at at 31069

Within the US debt market, the yields are buying and selling decrease (and close to low ranges for the day) forward of the 30 12 months bond public sale at 1 PM ET.

Modest gains for the major indices_

Within the foreign exchange, the USD is the strongest of the majors adopted intently by the CAD. The NZD and AUD are the weakest. Typically talking, the proportion adjustments are comparatively modest throughout the foreign exchange spectrum. 

The USD is the strongest and the NZD is the weakest

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