News

Starting the day with flat European equities.

  • 12 August, 2021
  • 10:29 am EEST

Eurostoxx flat

Germany DAX flat

France CAC 40 +0.1%

UK FTSE -0.1%

Spain IBEX flat

 

  • For the most part, this reflects the tone in US futures, with Dow futures and S&P 500 futures both tepid and flat so far today. However, Nasdaq futures are down 0.2%, continuing the trend from earlier in the week, as technology remains on the decline.
  • 10-year Treasury rates have remained stable at roughly 1.34%, as the bond market has been more cautious in the aftermath of yesterday’s US CPI data.
  • In terms of forex, the dollar has been quite stable, with little variation. The Australian and New Zealand dollars are marginally lower, although not significantly so at this time.

 

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