The FTSE fell 27 points (.32%), the DAX rose 236 points (1.02%) and the CAC rose 67 points (.89%).
UK-US trade deal announced. US to impose a 10% tariff on UK goods (up from 3.4%. UK to drop tariffs on US goods from 5.1% to 1.8%. US slashes tariffs on steel and motor vehicle imports (currently at 25%). Seems like a bit of a one-sided agreement but markets liked the announcement.
BoE cut interest rates by .25%.
US markets were largely in positive territory.
The DOW rose 254 points (.62%), the NBI fell 9 points (.23%), the NASDAQ Composite rose 189 points (1.07%) and the Russell small cap index rose 36 points (1.85%).
Trump again attacked Jerome Powell after the US Fed held interest rates. Trump stated:
"Jerome Powell i a fool who does not have a clue"
US Treasury 10 year bond yield rose steeply to 4.389%
Oil prices rose - Brent crude is at 62.96 per barrel.
Gold price fell to US$3,307 per oz.
BITCOIN rose and i sitting above $100k - US$101,459.
IMU Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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