April 19 - Spain's bond sale draws a mixed reaction across markets - stocks and oil take the positives, but peripheral euro zone bond yields inch higher. Nokia shares hit 15-year low after Q1 loss.
Something of a disconnect and -- today Xbox oil and -- rest assays take the positives from a spotted on the auction. But Spanish and Italian bond yields edged higher up. This is today's market pulse so what was it a good bad or -- option. Madrid -- 2.5 four billion euros of bonds slightly more than expected and the mom was pretty strong on borrowing costs at the two year sales fell. But for the tenure -- a -- to test the market appetite among wasn't a strong and Spain have to -- a much higher yield of five point 74%. -- -- Jane Foley says Spain's buying some still high risk and their -- about the find restructuring fund. Spain has come and away intensive confirm that they can some of those who have banks. But the market -- consent as to whether or not the pro when he does have the funds had to -- -- hold of the Spanish bank in fact it. Through what could they still quite a painful past few months to come to the market is going to remain very consent. About Spain despite this the auction. So we can suspect that it could be another push quiet in youth and still in the weeks to come. Spain's underlying problems will likely keep the country in the spotlight for something to come. So says sunny -- monitoring -- on a think tank redefine. Space going to continue to make unfavorable headlines and that's simply because the economic reality of what needs to be done to scale enough. Fiscal adjustment that they're planning which I don't think we've come about. These state of the banking system the fact that most banking losses are still -- recognize the fact that unemployment is only going up. Means that no -- -- Met at a particular auction goes well on and off the market pressure is not going to ease. While our technical shot of the day lives of the S&P 500 index has enjoyed a sparkling one out of 10% since the stop to the up. But Bob Riley is looking tired says David Stanton looks -- it -- We have seen a decent management -- -- the would you charge of the top ten of its medium term channel around 1413 1440. Foam that we that she thought that the C a small -- complete. And I think the set by the we've seen has already achieved the target not talk to surround thirteen sixty we've been -- -- some sort of 63 day average which is a key average we followed. I'm not supporters holding an environment it's it's a much more close run thing here for the S&P as tons of weather we've seen an end -- the correctional not. -- -- -- that she reducing that weakness to come through -- thirteen 1413. Twenty but I think the key thing that we want to take -- We still think this is that correct to decline for the US market. And corporate news Finnish phone maker Nokia announcing a bigger than expected loss of it you'll cents per share in the post quotes up. The group also promising more cost cutting as it struggles to catch up with apple and some some. Not yes shares underperforming the broader tech index lost -- almost 2% to fifteen year low on -- tech stocks are up I'm 1%. -- -- at the knives and into market pulse every day at eleven GMT I'm digging deeper this -- Reuters.