MARKET WRAP: Bulls Are Back In Control For Now; Stocks Moved Higher After US Jobs Data

*US jobless data came in better than the forecast and traders reacted positive on the back of it.
 *Gold dropped below 1500


  • The S&P 500 Index bounced back up as investors renewed their interest for riskier assets. It gained 1.08% as of 15:34 London time.
  • The Stoxx Europe 600 Index gained 0.94% and the DAX index scored 0.85%
  • The UK FTSE is still one of the weakest European index. However, the index did move higher today by 0.28%.
  • The Dollar Spot Index reacted positively to US jobs data and gained 0.14%.
  • The Euro continued to drop  today and lost 0.38%.and made a low of 1.1181.
  • The British pound maintained its 1.21 support but declined 0.44% today.
  • The Japanese yen moved lower by 0.23% to 106.10.
  • The Yield on 10-year Treasuries gained three points and moved to 1.7395%.
  • Britain’s 10-year yield soared to 0.520%.
  • West Texas Intermediate crude moved higher on oil supply cut hopes. It increased by 2.60% to $54.80 a barrel.
  • Gold moved below 1500 mark and lost nearly 0.75% of its value.