Election uncertainty is still gripping European markets at the moment.
The FTSE fell 45 points (.56%), the DAX fell 126 points (.69%) and the CAC fell 22 points (.30%).
EU June inflation data was marginally lower in June at 2.5% (down from 2.6% in May). Core inflation also fell slightly to 2.8% (down from 2.9% in May).
US markets largely in the green overnight except for the NBI.
The DOW rose 162 points (.41%), the NBI fell by 49 points (1.09%), the NASDAQ Composite rose 149 points (.84%) and the Russell small cap index rose 3 points (.19%).
US JOLTS (Job Openings and Labor turnover) data is our tomorrow. US Labour market is resilient and continues to be very stable. Expectations are for 200-225k new jobs created and the unemployment figure to drop from 4% to 3.9%.
US Treasury 10 year bond yield is at 4.43%.
Oil price is still on the rise - Brent crude at US$86.56 per barrel.
Gold price at US$$2,3330 per oz.
BITCOIN currently at US$61,894.
IMU Price at posting:
5.1¢ Sentiment: Buy Disclosure: Held
