Equity markets over in Europe were strong despite some weak economic data. The dollar index recovered some of its lost ground.
- The S&P 500 Index lost its mojo today and lost 0.07 percent as of 15:00 London time. The Nasdaq Composite Index also followed S&P and dropped 0.06 percent and the Dow Jones Industrial Average fell 0.33 percent.
- The Stoxx Europe 600 continued its upward move and gained 0.47 percent.
- The MSCI Emerging Market Index scored 0.5 percent.
- advertisement -
- The Dollar Spot Index recovered its losses and gained 0.14 percent.
- The Euro moved back below 1.12 and decreased 0.12 percent to $1.1193 due to the weak eurozone economic data
- The British pound was in constant battle with 1.30 mark and lost 0.65 percent to $1.3033 ahead of the key Brexit vote.
- The yield on 10-year Treasuries dropped by one basis points to 2.48 percent.
- Germany’s 10-year yield fell two basis points to negative 0.05 percent.
- Britain’s 10-year yield dropped five rose almost one basis point to 0.99 percent.
- West Texas Intermediate jumped 0.96 percent to $62.21 a barrel.
- Gold was still below the 1300 mark, it gained 0.1 percent to $1,290 an ounce.