European markets were all down overnight.
The FTSE fell 75 points (.98%), the DAX fell 142 points (.86%) and the CAC fell 38 points (.52%).
Global markets were down largely due to higher than expected US CPI data. Interestingly, the effect was larger in Europe than in the US.
US CPI for December 2023 rose to 3.4% (Market expectations for 3.2%). Core inflation fell to 3.9% (market expectations were for 3.8%).
In the US, the DOW rose 15 points (.041%), the NBI had another negative day closing down almost 40 points (.89%), the NASDAQ Composite was flat closing just half a point higher (.004%) and the Russell small cap index fell 14 points (.75%)
Oil prices rose after Iran seized an Iraqi tanker in the Gulf of Oman - Brent crude at US$77.50.
US Treasury 10 year bond yields at 4%.
The gold price sits at US$2,026.
European markets were all down overnight.The FTSE fell 75 points...
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5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
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