*Boris Johnson stepped over his limit, Supreme court delivered a decree against him *Trade optimism continued to provide some support for the positive sentiment * US economic confidence dropped sharply, actual 125 forecast 135 *S&P500 only short of 0.7% from 3000 mark
Stocks
- The S&P 500 Index continued its upward move despite some weak consumer confidence numbers. The index gained 0.03% as of 15:34 London time.
- The Stoxx Europe 600 Index increased by 0.11%. The move was powered by the utility sector, up more than 0.68% on the day.
- The UK FTSE 100 dropped experienced declined as Sterling moved higher. The index dropped nearly 0.51%.
Currencies
- The Dollar Spot Index dropped 0.12% and made a low of 98.43. It broke its two-day rally
- The Euro failed to secure any major gains against the dollar. It gained 0.14% but the bias is still for more weakness.
- The British pound moved higher on the back of optimism that Parliament will take control of Brexit. The currency gained 0.39% against the dollar.
- The Japanese yen moved higher by 0.05% to 107.45.
Bonds
- The Yield on 10-year Treasuries dropped by seven basis point to 1.66%.
- Britain’s 10-year yield dropped to 0.537%.
Commodities
- West Texas Intermediate dropped 1.34% on the back of rumors that Saudi Arabia is on track of filling the supply gap.
- Gold jumped above the $1,500 mark and made a high of 1526. It gained 0.06%.
