The US home sales data surprised the markets by beating the estimate of 647K. The actual number was 692K, this supported the martket sentiment.
Stocks
- The S&P 500 Index started the week on a positive note and it rose 0.4 percent as of 15:23 in London.
- The Stoxx Europe 600 Index jumped 0.21 percent while the FTSE scored 0.74 percent.
- The MSCI Asia Pacific Index soared 0.1 percent.
Currencies
- The Dollar Spot Index jumped 0.42 percent after the US new homes sales data came ahead of the forecast. The index the highest mark in six weeks.
- The Euro dropped 0.55 percent to $1.1196 after feeble consumer confidence number.
- The Japanese yen was changed at 111.94 per dollar.
- The British pound dropped again today by 0.39 percent to $1.2934.
Bonds
- The yield on 10-year Treasuries moved lower by three basis points to 2.56 percent.
- Germany’s 10-year yield jumped one basis point to 0.03 percent.
- Britain’s 10-year yield soared one basis point to 1.21 percent.
Commodities
- Crude oil gained 1.08 percent to $66.28 a barrel.
- Gold dropped 0.53 percent to $1,267 an ounce, touching four-month low.
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