Tip:
Highlight text to annotate it
X
IN TERMS OF THE U.S. EQUITY
MARKETS.
HOW IS IT LOOKING?
>> LET'S TAKE A CHECK.
THIS IS THE PICTURE AS IT'S
SHAPING UP ACROSS THE REGION.
THE STOXX 600 IS BALANCED
BETWEEN THE GAINERS AND THE
LOSERS AS WE CAN SEE FROM THE
WALL BEHIND ME AND AS YOU CAN
ALSO SEE IF YOU LOOK AT THE
INTERDAY CHARTS WHICH SHOWS
ALMOST ENTIRELY FLAT, IN FACT,
RIGHT NOW.
IF WE TAKE A CHECK ON THE
INDIVIDUAL MARKETS ACROSS THIS
REGION, WE CAN SEE WHERE THE
DIFFERENCES APPEAR.
THE MARKETS HERE IN THE UK HAVE
BEEN TRADING LOWER TODAY.
THE FTSE IS DOWN BY FIVE POINTS
OR SO RIGHT NOW, SO STILL BELOW
THAT 6,000 LEVEL.
YESTERDAY WE PUSHED UP ON THE
INTERDAY BASIS A LITTLE BIT
CLOSER TO THOSE LEVELS BUT 5,940
IS WHERE WE STAND.
GAINS ARE COMING THROUGH,
THOUGH, PARTICULARLY IN GERMANY.
THE DAX UP BY 21 POINTS OR SO,
0.3%.
THE SEVENTH STRAIGHT DAY OF
GAINS NOW FOR THE GERMAN MARKET.
THE CAC IS COMING UP IN THE
SEVEN DAYS, THE FTSE MIB IS
MANAGING TO ADD ABOUT 58 POINTS
ON A PERCENTAGE BASIS.
SO MANY OF THESE KEY EUROPEAN
INDEXES ARE MANAGING TO TRADE A
LITTLE BIT HIGHER.
SO THAT'S WHAT'S HAPPENING IN
THE EQUITY MARKETS BUT IT'S ALSO
THE GOVERNMENT BOND MARKETS
WHERE WE'RE SEEING LOTS OF
ATTENTION TODAY PARTLY BECAUSE
WE HAVE SOME KEY DEBT AUCTIONS
COMING UP AND ALSO YESTERDAY WE
DID HAVE AN AUCTION IN ITALY.
LET ME TELL BUT THAT ONE FIRST,
YESTERDAY WE SAW THE YIELDS ON
THE THREE-YEAR ITALIAN
GOVERNMENT DEBT COMING DOWN TO
2.76%.