It’s a quiet day in the global financial markets. The U.S. is closed for the July 4th holiday.European markets however were open.
They were looking pretty ugly for much of the trading session, but they came well off of their lows.
- U.K.’s FTSE 100 is up 0.1%.
- France’s CAC 40 is down 0.2%.
- Germany’s DAX is down 0.3%.
- Spain’s IBEX is down 0.9%.
- Italy’s FTSE MIB is down 1.0%.
Not much is going on in Europe. Bob Diamond, the now former CEO of Barclays, is appearing before the U.K. parliament to discuss the LIBOR rate fixing scandal.
Everyone’s basically in holding mode ahead of tomorrow’s European Central Bank interest rate announcement.
Here’s an intraday look at the the Euro Stoxx 50 courtesy of Bloomberg: