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%).
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%).
