FXstreet.com (Barcelona) - The German DAX 30 (+0.47%), the French CAC 40 (+0.68%), the Spanish IBEX 35 (+0.40%) and the Italian FTSE MIB (+1.68%) on positive remarks toward the Eurozone, the ECB’s bond-buying plan
(reportedly) being backed by the German Asmussen
, and Fitch’s Riley statement that Italy doesn’t need more austerity as the country faces political risk, instead of economic or fiscal. The Greek ATHEX is also at a rally, +1.87%, as the German CDU’s Barthle believes concessions (loan interest and maturity adustments) are likely to pass in Bundestag.
The Spanish government
sold €3.53B of 12-month debt at 3.070% (from 3.918% previously) and €0.98B of 18-month debt at 3.335% (from 4.242%). The bid to cover ratio was of 1.9 (from 2.2) and 4.0 (from 3.7), respectively.
Futures for the American S&P 500, Nasdaq 100 and Dow Jones 30, affected by the positive mood from overseas, are signaling a higher open by around +0.20% ahead of Fed’s Lockhart speech and tomorrow’s FOMC minutes. WTI Crude oil is up to $96.80 (+0.59%) and Gold rises to $1625 (+0.26%).