{"id":1772,"date":"2021-08-20T13:31:27","date_gmt":"2021-08-20T16:31:27","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1772"},"modified":"2021-08-20T13:31:29","modified_gmt":"2021-08-20T16:31:29","slug":"european-shares-erase-earlier-declines-close-higher-on-the-day-down-for-the-week","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/08\/20\/european-shares-erase-earlier-declines-close-higher-on-the-day-down-for-the-week\/","title":{"rendered":"European shares erase earlier declines. Close higher on the day\/down for the week."},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Major indices close higher.<\/h2>\n\n\n\n<p>The&nbsp;major European indices have erased earlier declines and are closing higher today. The provisional closes are showing:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>German DAX, +0.2%. The index was down -0.71% at the lows<\/li><li>France&#8217;s CAC, +0.3%. The index was down -0.57% the lows<\/li><li>UK&#8217;s FTSE 100, +0.4%. The index was down -0.39% at the lows<\/li><li>Spain&#8217;s Ibex, +0.2%. The index was down -0.58% at the lows<\/li><li>Italy&#8217;s FTSE MIB, unchanged. The index was down -0.86% at the lows<\/li><\/ul>\n\n\n\n<p>for the week:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>German DAX, -1.2%<\/li><li>France&#8217;s CAC, -4.0%<\/li><li>UK&#8217;s FTSE 100 -1.85%<\/li><li>Spain&#8217;s Ibex -0.7%<\/li><li>Italy&#8217;s FTSE MIB -2.8%<\/li><\/ul>\n\n\n\n<p>In other markets as London\/European traders look to exit for the week:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Spot gold is up $4.30 or 0.24% at $1783.76.<\/li><li>Spot silver is down eight cents or -0.32% $23.11<\/li><li>WTI crude oil futures are down $0.64 or -1% at $62.98<\/li><li>The price of bitcoin is up near $1700 at $48,455<\/li><\/ul>\n\n\n\n<p>In the&nbsp;US stock market, the major indices have also reversed earlier declines.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Dow industrial average is trading up 194 points or 0.56% at 35088.46. It traded as low as -27.05 points<\/li><li>S&amp;P index is up 12.4 points or 0.28% at 4431.04<\/li><li>NASDAQ index is up 113 points or 0.78% 14654.33<\/li><\/ul>\n\n\n\n<p>In the US debt market, the yields are mostly higher with the 30 year still modestly lower<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210820\/snag_844f4bc.png\" alt=\"Major indices close higher._\"\/><\/figure>\n\n\n\n<p>In the European debt market, the benchmark 10 year yields are unchanged to modestly higher:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210820\/snag_845d894.png\" alt=\"The European 10 year yield\"\/><\/figure>\n\n\n\n<p>IN the forex market, the EUR has taken over the strongest\u00a0of the majors, while the AUD and NZD are now the weakest<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210820\/2021-08-20_8-48-02.jpg\" alt=\"The EUR is the strongest\"\/><\/figure>\n\n\n\n<p><em>Source:<a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/european-shares-erase-earlier-declines-20210820\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/european-shares-erase-earlier-declines-20210820\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/european-shares-erase-earlier-declines-20210820<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Major indices close higher. The&nbsp;major European indices have erased earlier declines and are closing higher today. The provisional closes are showing: German DAX, +0.2%. The index was down -0.71% at the lows France&#8217;s CAC, +0.3%. The index was down -0.57% the lows UK&#8217;s FTSE 100, +0.4%. The index was down -0.39% at the lows Spain&#8217;s [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1023,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1772","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1772","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1772"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1772\/revisions"}],"predecessor-version":[{"id":1773,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1772\/revisions\/1773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1023"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1772"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1772"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1772"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}