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London/European traders head for the exits with stock losses for the day and week

As the London/European traders head for the exits, the major European indices are lower for the day and the week.

A look at the closes for the day shows:

  • German DAX, -1.47%
  • France’s CAC, -0.25%
  • UK’s FTSE 100, -0.32%
  • Spain’s Ibex, -0.94%
  • Italy’s FTSE MIB, -0.61%

For the trading week, all major indices are also lower:

  • German DAX, -2.48%
  • France’s CAC, -1.26%
  • UK’s FTSE 100, -1.91%
  • Spain’s Ibex, -2.37%
  • Italy’s FTSE MIB, -1.75%

A snapshot of other markets as traders in Europe exit shows:

  • Spot
     
     gold      is down -$2.30 -0.13% at $1895.90 the price is near mid range with a high of $1902.46 and a low of $1886.69

  •  
     Silver      is trading up $0.10 or 0.44% at $23.92
  • April crude oil futures are trading at $89.32. That’s down $0.77 on the day
  • Bitcoin moved back below the $40,000 level today to $39,450, but trades near mid range at $40,223. The high price reached $40,996 today

In the forex, the NZD is the strongest and the CAD is the weakest. The USD is higher with modest like gains vs the all the major currencies with the exception of the NZD.