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European markets all up overnight.The FTSE rose 43 points (.53%)...

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    European markets all up overnight.

    The FTSE rose 43 points (.53%) the DAX rose 162 points (.89%) and the CAC rose 78 points (1.03%).

    UK wage data indicated a decline. Wage inflation has been a sticking point for the BoE policy making.

    In the US, markets were mixed.

    The DOW rose 260 points (.67%, the NBI had a very healthy rise of 94 points (2.08%), the NASDAQ Composite fell 192 points (1.072%) and the Russell small cap index rose 8 points (.43%).

    Fall in the NASDAQ are related to profit taking in the tech sector.

    US PCE data (US Fed's preferred measure of inflation) comes out on Friday. This will show the core inflation level.

    US Treasury bond yield is 4.23%.

    Oil price is well up - Brent crude at US$86 per barrel.

    The gold price is at US$2,000 per oz.

    BITCOIN price is down - US$59.058.

 
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