European indices close the day with mixed results | Forexlive

The major European indices are ending the day with mixed results:

• German DAX, -0.21%
• France’s CAC, +0.94%
• UK’s FTSE 100, +1.04%
• Spain’s Ibex, -0.04%
• Italy’s FTSE MIB -0.56%

For the UK FTSE 100, the price moved above the old all-time high from 2018 at 7903.50. The intraday high price reached 7906.58 before rotating back to the downside in closing minutes, and just below that all-time intraday high. Nevertheless, the close at 7901.81 was above the previous all-time close at 7877.97.

For the trading week:

• German DAX rose 2.15%
• France CAC rose 1.93%
• UK FTSE 100 rose 1.76%
• Spain’s Ibex rose 1.83%
• Italy’s FTSE MIB rose 1.97%

A snapshot of other markets as London/European traders head for the exits shows:

• Gold down -$43 or -2.27% at $1869.23
• Silver is down $1.01 or -4.37% at $22.40
• Crude oil is not following the stronger jobs/stronger growth idea and is down over $1.00 at $74.92
• Bitcoin is trading little changed from the 5 PM ET level yesterday at $23531

In the forex market, the USD is the strongest of the major currencies thanks to the stronger US data today. The NZD, AUD and JPY are the weakest.