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Spain Sells 3 Billion Euros Worth of Bonds

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    FBN’s Diane Macedo on the European and Asian markets.

  • Duration 1:44
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Good morning everyone it's time for our global up market update and let's start with a look at the European markets will get two key interest rate decisions this morning the Bank of England.

Is expected to announce additional stimulus plan while keeping its key interest rate at half of 1% while the European Central Bank.

Is expected to cut its key rate by a quarter point.

To record low point 75%.

Spain sold three billion euros worth of bonds this morning the average yield on a four year and ten year bond.

Were higher than in prior option stocks in Europe -- still -- -- -- London's up by sixteen Paris is up by about Q and Frankfurt's up by 42.

Over an Asian stocks were mid mix that is ahead of today's Central Bank reports Fox Business -- -- case margins on the phone with us from Singapore now.

To give us all the details on that -- -- Well good morning Diane into the stock investors here we're awaiting that actual action from the ECB today or other specific economic news to get them on.

That the direction but without that they did finish next Japan's Nikkei edged down about three tenths of a percent that index has gained about 10% over the past month.

And it actually hit a two month high yesterday when -- went on vacation.

So analysts say it could be out running out of steam the kospi in South Korea took -- wild wings today finishing little changed Hong Kong's hang bank.

Rallying in the afternoon ending the day with a gain of about half of 1%.

But the Shanghai composite dropped more than 1% amid concerns over China's economic growth.

And -- you release its second quarter growth numbers next week and I am.

All right Katie sergeant live from Singapore thanks Katie.

Here's a live look at futures now we've been seeing fairly flat numbers still there but -- a -- Dow futures are up by seven points yes and he by half -- point and the NASDAQ up.

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