EU WRAP: Earnings Continued To Push Stocks Higher; Johnson Hopeful For Brexit


*S&P500 approaches an all-time high
*Earnings continue to surprise to the upside despite some conflicting signals  
*Boris Johnson thinks he can get enough support in parliament for the second reading
*Gold likely to outperform in the coming weeks



Stocks

  • The S&P 500 continued to move closer to its all-time high but the SPX/Dow ratio falls—a warning sign. The S&P500 increased by 0.11% as of 15:30 London Time. 
  • The Stoxx Europe 600 Index has recovered its losses from the last week and the index is up 0.11% today.
  • The SPX VIX index is back in green, buying insurance is the famous policy amidst investors. The VSTOXX declined by 2.77%.
  • The UK 100 index rose 0.60% and made a high of 7220
 
 
Currencies
  • The  Dollar Spot Index reclaimed some of the lost ground and gained 0.13% and made a high of 97.53. 
  • The Euro retraced ahead of the upcoming ECB monetary policy meeting. The currency dropped 0.14% against the dollar.  
  • The British Pound remained below the 1.30 mark and dropped 0.42%. Johnson still hoping to push the bill through parliament.
  • The Japanese yen gained 0.06% to 108.51 per dollar.
  
 
 
 Commodities
  • West Texas Intermediate crude oil soared 1.16% and made a high of 54.20. 
  • Gold remained below the 1,500 mark, but the precious metal gained 0.09%.



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