FXstreet.com (Barcelona) - Improved sentiment marks Tuesday trading ahead of Fed’s Bernanke testimony in the American session, with weakening economic sentiment in Germany and EMU, falling June UK CPI inflation report and lower yields for Spanish and Italian debt.
The German DAX 30 and the French CAC 40 are up by 0.15% and 0.40%, while the Spanish IBEX 35 and the Italian FTSE MIB gain 0.85% and 0.25%. The British FTSE 100 is down by -0.50% after a falling UK CPI from 2.8% to 2.4% (YoY). The Spanish debt auction saw improved yields in 12 and 18-month paper in Spain, at 3.918% (from 5.074%) and 4.242% (from 5.107%).
Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30 are signaling a higher open around 0.40% ahead of US June CPI data and Fed’s Bernanke speech. WTI crude oil trades at 88.55 (-0.15%) and 1593 (+0.30%).
The German DAX 30 and the French CAC 40 are up by 0.15% and 0.40%, while the Spanish IBEX 35 and the Italian FTSE MIB gain 0.85% and 0.25%. The British FTSE 100 is down by -0.50% after a falling UK CPI from 2.8% to 2.4% (YoY). The Spanish debt auction saw improved yields in 12 and 18-month paper in Spain, at 3.918% (from 5.074%) and 4.242% (from 5.107%).
Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30 are signaling a higher open around 0.40% ahead of US June CPI data and Fed’s Bernanke speech. WTI crude oil trades at 88.55 (-0.15%) and 1593 (+0.30%).
