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European markets were all down overnight - following the US...

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    European markets were all down overnight - following the US markets falls the day before.

    The FTSE declined 95 points (1.28%), the DAX fell 118 points (.77%) and the CAC fell 68 points (.96%).

    UK GDP data for 3rd quarter showed a flat economy (0% rise) - avoiding recession status.

    US markets rebounded strongly - shaking off Powell's comments on monitory policy.

    The DOW rose 391 points (1.15%), the NBI rose 12 points (.33%), the NASDAQ Composite rose 276 points (2.05%) and the Russell small cap index rose (17 points (1.05%).

    US CPI data out next week. Expectations are for a .3% rise - annualised at 4.1%.

    US 10 year bond yield at 4.49%.

    Oil prices had another rise - Brent crude at US$81.43. Gold price down and BITCOIN price continues to rise.

 
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Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
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