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European markets plunge on pressured European sovereigns’ debt
FXstreet.com (Barcelona) - Adding to US nonfarm payrolls negative reaction is the widespread concerns about higher Spanish and Italian 10-year bonds’ yields, at 5.84% and 5.5%, respectively. The Spanish IBEX 35 drops by -1.53%, while the Italian FTSE MIB 40 sheds -3.07%.
EMU Sentix Investor Confidence has dropped strongly to -14.7 in April, from -8.2. Analysts were expecting a slight improvement to -8.1. The German DAX 30 falls by -1.15% and the French CAC 40 loses -1.52%. The British FTSE 100 is down by -1.00%. While the overall European markets’ perspective is strongly negative today, the Greek ATHEX is rallying by 4.48%.
Futures for the American stock indexes are signaling higher opens, with the S&P 500 up by 0.15%, the Dow Jones 30 up by 0.16%, and the Nasdaq 100 by 0.35%.
Crude oil dropped below $102.00 to $101.88, down by -0.53%. Gold is up by 0.27%, at 1646.50.
EMU Sentix Investor Confidence has dropped strongly to -14.7 in April, from -8.2. Analysts were expecting a slight improvement to -8.1. The German DAX 30 falls by -1.15% and the French CAC 40 loses -1.52%. The British FTSE 100 is down by -1.00%. While the overall European markets’ perspective is strongly negative today, the Greek ATHEX is rallying by 4.48%.
Futures for the American stock indexes are signaling higher opens, with the S&P 500 up by 0.15%, the Dow Jones 30 up by 0.16%, and the Nasdaq 100 by 0.35%.
Crude oil dropped below $102.00 to $101.88, down by -0.53%. Gold is up by 0.27%, at 1646.50.
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