*UK housing market is still resilient to Brexit woes *US ADP data came in much better *Apple’s earning fuelled the bull run
Stocks
- The S&P 500 Index recovered some of its losses as investors showed their optimism about Apple’s earning. It gained 0.12% of its value as of 15:32 London time.
- The Stoxx Europe 600 Index moved higher by 0.22%.
- The UK FTSE remained in negative territory due to lack of clarity on Brexit. The index sank 0.70%
Currencies
- The Dollar Spot Index made another high for this year and gained 0.14%.
- The Euro moved lower due to the weak EU GDP data and lost nearly 0.16%.
- The British pound moved higher on the back of more appealing housing data. It rose 0.08% to 1.2203.
- The Japanese yen moved higher by 0.25% to 108.59.
Bonds
- The Yield on 10-year Treasuries dropped by one basis point to 2.04%.
- Britain’s 10-year yield fell to 0.65%.
Commodities
- West Texas Intermediate crude moved higher despite stronger dollar and gained 1.0%% to $58.73 a barrel.
- Gold price dropped after the US ADP data which was stronger than expected. It fell 0.11%.
