(Reuters 28th) –
1311GMT Ends 27th
EUR/USDEuro = 1.3362 1.3392
USD/JPYYen= 97.500 97.020
EUR/JPYEURJPY= 130.32 129.91
Closing price on the 28th Closing price of the previous trading day
Stock FT100 6430.06 (-10.91) 6440.97
Exdar DAX 8157.90 (-84.66) 8242.56
Gold spot afternoon 1419.50 1419.25
Futures settlement price
3-month EUR (September contract) 99.77 (+0.00) FEIU3
German Bund 2yr (Sep) 110.34 (-0.02) FGBSU3<0#FGBS：>
German Bund 5-year (September) 124.91 (-0.11) FGBMU3<0#FGBM：>
10-Year Bund (Sep) 140.30 (-0.24) FGBLU3<0#FGBL：>
German Bund 30yr (Sep) 125.00 (-0.26) FGBXU3<0#FGBX:>
spot rate of return
2-Year German Bund 0.222 (0.207) DE2YT=TWEB<0#DE2YT=TWEB>
5-year German Bund 0.842 (0.820) DE5YT=TWEB<0#DE5YT=TWEB>
Bundesbank 10-year bond 1.878 (1.854) DE10YT=TWEB<0#DE10YT=TWEB>
30-Year Bund 2.655 (2.643) DE30YT=TWEB<0#DE30YT=TWEB>
<外匯> The dollar is gaining against the yen and Swiss franc. The dollar was bought as a safe-haven asset amid speculation of a military intervention in Syria.
The dollar traded at 97.50 yen against the yen, up 0.5%.
<股市> London stocks continued to fall. A lot of stocks sold off as fears grew about a possible Western military attack on Syria. However, energy stocks were bought on the back of rising oil prices, supporting the market.
FT 100 Composite Equity Index.FTSELost 10.91 points (0.17%) to 6430.06.
But losses narrowed as U.S. stocks continued to close slightly higher.
Oil prices have hit multi-month highs amid fears of a tight supply amid threats by the United States and its allies to intervene in Syria.
IAG, parent of British Airways (BA) and Iberia, faces possible cost hikes from high fuel pricesICAG.LLow-cost airline EasyJet fell 4.5 percentEZJ.Ldown 1.8%.
On the other hand, gains in large energy stocks supported the market.blood pressureBlood pressure LRoyal Dutch Shell shares rose 1.2 percentRDSb.L2% higher.
Thierry Laduguie, equity analyst at eYield, said the market had priced in a possible military intervention in Syria.
“The focus is not just on Syria. Market players are taking a wait-and-see approach and taking a more defensive stance,” said KCG managing director Ioan Smith.
European stock markets continued to fall. The possibility of an attack by Western powers on Syria sent travel-related stocks down, weighing on the broader market.
Meanwhile, energy stocks rose along with higher oil prices.
FTSE Europe First 300 Index.FTEU3Shedding 3.80 points (0.32%) to 1198.56.
Dow Jones Euro Stoxx 50 Index.STOXX50ELost 6.66 points (0.24%) to 2742.61.
EURO STOXX 50 Volatility Index Showing Investor Anxiety.V2TX It rose to 22.3, the highest level in a month and a half.
travel and leisure stocks.SXTPdown 1.4%.LufthansaLHAG.DEAirline stocks, such as Germany’s TUI, which deals in travel products, are worried about the impact of the deteriorating situation in Syria on the Middle EastTUIGn.DEdown 0.7%.
However, oil and gas stocks were hit by rising oil prices..SXEPIt gained 2.4 percent, limiting losses in the overall market.
<歐元區債券> Italian bond yields fell. The move comes as the government is expected to agree to scrap property taxes in a bid to ease tensions between the ruling coalition.
Italian bonds have outperformed other regional bonds such as German bunds. The Italian cabinet is expected to agree at a cabinet meeting on the 28th to abolish the property tax that the Liberal National Party has insisted on abolishing and deepening the rift with the Democratic Party.
Italian 10-year government bond yields fell 5 basis points to 4.40%. The yield spread over German bunds narrowed 9 basis points to 252 basis points.
Italian bonds were boosted by reports that a property tax deal was imminent, a trader said. He added that while repealing the property tax would reduce immediate political risk, it was unclear whether it would be good news for Italian bonds in the long run. I need to find it. “
On the 27th, after the spread between Spanish and Italian government bonds narrowed sharply, some investors took profits on Spanish government bonds that day, which also formed a relative support for Italian government bonds.
At the close, the yield spread between Spanish 10-year government bonds and Italian 10-year government bonds was at 12 basis points. It had fallen to 2 basis points the previous day, its lowest level in a year and a half.
ING rates strategist Alessandro Giianzanti said he expected Italian bonds to continue to underperform Spain given domestic uncertainty, despite gains in Italian bonds today. He expects Italian bond yields to remain around 5 basis points higher than Spanish bonds in the near term if political uncertainty persists.
German bund futures fell 24 basis points to 140.30. Bank of England Governor Mark Carney’s remarks in his speech did not change market expectations that the Bank of England will raise interest rates sooner than the central bank signaled, and British bonds were not far behind.
Germany’s 10-year bond yield rose 2.4 basis points to 1.88%.
Markets had largely priced in the possibility of a Western military attack on Syria, some said, adding that unless the situation escalated significantly, a significant increase in Bundestag purchases was unlikely.
