Technical Analysis

European shares end the week with gains on the day

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German Dax leads the way

The European major stock indices are ending the week/day with gains:

  • German DAXrose 0.63%
  • France’s CAC rose 0.53%
  • UK’s FTSE rose 0.34% 
  • Spain’s Ibex rose 0.47% 
  • Italy’s FTSE MIB rose 0.19%
  • Portugal’s PSI 20 bucks the trend and fell -0.56%

For the week:

  • German DAX rose 1.38%
  • France’s CAC rose 1.91%
  • UK’s FTSE rose 0.36%
  • Spain’s Ibex rose 2.2%
  • Italy’s FTSE MIB rose 2.14%
  • Portugal’s PSI 20 rose 1.0%

The benchmark 10 year yields were mostly higher today:

A snapshot of the forex market shows the USD is the strongest of the majors and the EUR is the weakest. 

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