Global markets were all essentially in positive territory overnight.
In Europe, the FTSE rose 78 points (1.02%), the DAX rose 218 points (1.23%) and the CAC rose 67 points (.84%).
In the US, the DOW rose 235 points (.61%), the NBI fell 20 points (.46%), the NASDAQ Composite rose246 points (1.54%) and the Russell small cap index was flat - falling by less than a point (.02%).
US CPI data showed that there was a rise of .4% in February - this was up from .3% in January but was in line with expectations.
However, core inflation rose by .4% in February ad annualised at 3.1%. This was above expectations.
Global markets seemed to like the data nevertheless.
US 10 year bond yield rose to 4.16%
Oil prices remain steady - Brent crude at US$82.10 per barrel.
Gold price came off its highs and is now at US$2,156 per oz.
Global markets were all essentially in positive territory...
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