EU WRAP: Stocks Soar On Trade; Oil And Gold Fall


*S&P500 is set to record three consecutive monthly gains   
*Johnson fought hard against plots to oust him from his position
 



Stocks

  • The S&P 500 Index soared towards its record highs. The increased by 0.52% as of 15:28 London time.
  • The Stoxx Europe 600 Index also rose by 0.34%. The move was powered by the financial sector.  
  • The UK FTSE 100 advanced 0.04% despite poor economic data: the UK’s GDP q/q fell to -0.2%.
Currencies
  • The Dollar Spot Index continued its might uptrend and gained 0.19% and made a high of 98.45.  
  • The Euro resumed its downtrend and decrease by 0.28%. it made a low of 1.0885.
  • The British pound rose 0.25% and made a high of 1.2330. This was despite the fact the country reported a much wider deficit.  
  • The Japanese yen moved lower by 0.08% to 108.01.
Bonds
  • The Yield on 10-year Treasuries jumped by five basis point to 1.685%.
  • Britain’s 10-year yield dropped to 0.47%.
Commodities
  • West Texas Intermediate dropped -1.14% after the Crown Prince of Saudi Arabia said no to a possibility of war with Iran.
  • Gold dropped below the 50-day moving average on a daily time frame. It dropped -0.59% and remained below $1,500.



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