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EQUITIES: Energy Leads Early Europe Gains, Consumer Stocks Lag Again
May-23 09:03
- Asian markets closed mixed: Japan's NIKKEI closed up 262.49 pts or +0.98% at 27001.52 and the TOPIX ended 17.2 pts higher or +0.92% at 1894.57. China's SHANGHAI closed up 0.29 pts or +0.01% at 3146.857 and the HANG SENG ended 247.18 pts lower or -1.19% at 20470.06.
- European equities are slightly higher, with energy stocks leading and consumer stocks once again lagging: the German Dax up 84.59 pts or +0.61% at 14071.1, FTSE 100 up 49.26 pts or +0.67% at 7439.49, CAC 40 up 7.3 pts or +0.12% at 6292.26 and Euro Stoxx 50 up 5.47 pts or +0.15% at 3664.39.
- U.S. futures have edged higher, with the Dow Jones mini up 112 pts or +0.36% at 31325, S&P 500 mini up 15 pts or +0.38% at 3914.5, NASDAQ mini up 37.5 pts or +0.32% at 11878.25.
EURIBOR: EURIBOR FIX
May-23 09:02
- EUR001W -0.5680 -0.0020
- EUR001M -0.5430 -0.0080
- EUR003M -0.3630 -0.0150
- EUR006M -0.0850 -0.0070
- EUR012M 0.3480 -0.0050
5k lifted in ERM2
EUR: Extending gains
May-23 08:59
- The EUR remains underpinned, bid, finding support after ECB Lagarde's Hawkish statement.
- The currency test session high versus CHF, USD, CAD, JPY, CNH, and pare some of its losses against the Kiwi and AUD.
- Next upside target for the EURUSD is seen towards 1.0697.