<p>The key US inventory indices are shifting decrease on the open as tighter central-bank coverage has merchants fearful about development.</p><ul><li>Dow Industrial Common is buying and selling down -377 factors or -1.12% at 33583</li><li>S&P index is down -54.2 or -1.35% at 3941.06</li><li>NASDAQ index down -185 factors or -1.66% at 10983</li><li>Russell 2000 index down -24 factors extra -1.32% at 1796.42</li></ul><p>Within the US a debt market, yields are decrease however not serving to the inventory market:</p><ul><li>two 12 months yield 4.225%, -2.3 foundation factors</li><li>5 12 months yield 3.614% -3.8 foundation factors</li><li>10 12 months yield 3.459% -4.4 foundation factors</li><li>30 12 months yield 3.490% -4.9 foundation factors</li></ul><p>in different markets:</p><ul><li>Gold is down $-24 or -1.32% at $1782.33</li><li>Silver is down $0.61 or -2.59% at $23.31</li><li>Crude oil is buying and selling down $0.45 at $76.90</li></ul><p>Within the European debt market, the benchmark 10 12 months yields are larger as ECB's Lagarde is extra hawkish. Italian dinner yields are up over 25 foundation factors. Spain's 10 years are up 18 foundation factors.</p><p> Italian 10 yields, the yield moved above its 100 day shifting common of three.976% and is now shifting above the 38.2% retracement of the transfer down from the September 28 peak at 4.096%.</p>
This text was written by Greg Michalowski at www.forexlive.com.
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