Fairly dismal day for markets overnight - UK got some good news o the GDP front and was the only index to end in the green.
In Europe the FTSE rose 71 points (.91%), the DAX fell 24 points (.13%) and the CAC fell12 points (.16%).
UK GDP data showed a .1% growth for February. There was a .3% rise in January so further data to show the UK is no longer in recession.
In Germany, March inflation data showed inflation at 2.2%. This is down from 2.5% in February and 2.9% in January. Europe seems to be in a better position to start cutting interest rates than in the US.
Big worry is the continued rise in oil prices with Brent crude moving past US$92 per barrel overnight.
US markets fell heavily. Monday not looking so flash for the ASX.
The DOW fell 475 points (1.24%), the NBI crashed 91 points (2.14%), the NASDAQ Composite fell 267 points (1.62%) and the Russell small cap index fell 39 points (1.93%).
The US 10 year bond yield sits at 4.52%.
Brent crude oil price has settled at US$90.30 per barrel.
The gold price is US$2,345 per oz.
BITCOIN is at US$66,976.
IMU Price at posting:
9.2¢ Sentiment: Buy Disclosure: Held
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