We are up by 4 10 of 1 on the stoxx 600. Spain is higher, norway is lower, italy is up, luxembourg is down. Removed. As been Northern Ireland remains. We will talk more about that in a second. Sovereign bonds, commodities, bus to chat about today including brent crude. The Global Benchmark closing under the lower band. That green light on wednesday for the First Time Since june. Previous threee times they tested the trend line this year. Elsewhere the great credit party that is taken deal premiums in major markets down around the lowest in a decade is probably months away. Central banks normalized monetary policy. Thats according u. S. Investmentgrade bond premiums will widen next year. European counterparts will follow suit as they price in the economic slowdown. The Corporate Bond premium is the white line. Highyield, the blue line. Purple line, european highgrade Corporate Bond premiums. Lets finish up with bitcoin. Its the ascendancy continues. Almost a 16,000. If trading technical
Sterling down 7 10 of 1 to. A breakthrough in brexit talks. , sterling down and the ftse is that what european markets are rising today with the u. K. 10 year yield up for basis points today and commodities. Economy andcovering profits helped 41 billion in stock rises into its stocks this year, compared to 591 million for u. S. Funds and returns have lagged the u. S. Markets once again. , the u. S. Rd pe basis is the most expensive versus europe in 10 years. Analysts say that it is not clear what europe is all that she earnings estimates need to rise for u. S. Companies because of tax cuts, the u. S. Looks better to ask. Better to us. This is the yield difference room between germany and italy yield differential between germany and italy. The dutchassing of and french elections, without political upsets, the risk is that investors wrote too complacent about the next political worried in the region, italy, they select before may and the antiestablishment fivestar movement currently lead
Talks and rising inflation are two thorny issues. Have a look at where european equities are trading, under 30 minutes until the end of the session. Greece is up 1. 5 . Italy is lower, 1. 3 lower. Ost markets trading down we are awaiting the outcome of the fomc meeting in three hours. Fx sovereign bonds, commodities, and cbs are your final columns. One of the movers of the day, shares up 2 , the biggest clothing retail stegner signaling growth is slowing this the owner ascating having a good start to the Christmas Holiday season. Revenue advancing 13 to the start of the fourth quarter, excluding currency shifts. Third quarter earnings in line with expectations. Lets talk about italy. The ftse still looking cheap compared with european peers. The benchmark is poised to close as europes best performing major market, on call for its best annual performance since 2009 when it rose 19 . Analysts expect the trend to continue next year. A general election and possibility of political gridlock
Russias most valuable company. Lets look at the european equities trading. 30 minutes away from the end of the session. Up by 2. 4 . Other major european markets falling today on the back of the big Central Bank Decisions in the u. K. , the eurozone, in norway, and switzerland. Today. O down todayy measure announced was its inflation forecast for 2020. 1. 7 . Citizen progress towards the sufficient goal progress towards the delegates goal. Still at a record. 75 . Youreign bond commodities, final three columns. Lots of corporate stories to tell you about. This is the chart going back to december 8. The big news in the last three days. Shares rallying by 45 . Pressing forward with its bid even after the Security Software makers board rejected the 4. 3 billion euro bid. Does that tell us investors are searching for a bigger bid . That casts doubts according to jamalto. Y cited strategic insufficient guarantees a deal would go through in the end. Shares are rising today and have risen in t
Lets look at how markets are shaping up as equity markets are trading for another 30 minutes in europe. Gnm looks cross asset. Benchmarks down by more than 1 . Down almost. 9 . On to phasemoving two. The trade talks will not officially start until march. The e. U. Commenting it will get harder from here. It looks like assets are not optimistic about the progress in talks. The euro down. 1 . It was stronger against the dollar earlier in the session. We have seen the dollar pickup up in the last 30 minutes on reports mark rubio might be voting yes on the tax bill. When it comes to fixed income, the treasury yield higher. Up to the basis points. In europe, a number of fields moving lower. You can have a look at the picture across europe in the equity space. Even though we are down overall for a third day on european equities, ftse up. 3 . Spain off by. 4 . Earlier, i said the euro was trading higher. Lower now. A lot of people saying the euro could rally. It will be the year of the euro i