European markets all down overnight.
The FTSE fell53 points (.66%), the DAX fell 235 points (1.28%) and the CAC fell 118 points (1.56%).
European markets are spooled because of political uncertainty. French market is down 9% and only needs another 1% decline to technically enter a "correction" mode.
US Markets were mixed but fairly subdued.
The DOW fell 52 points (.13%), the NBI rose 43 points (.96%), the NASDAQ Composite rose 25 points (.14%) and the Russell small cap index fell 9 points (.45%).
Slowdown in the US economy has bolstered hopes of interest rate cuts in the second half of 2024.
Jerome Powell has begun the FED's simi annual report to Congress.
Jerome Powell comments that he was encouraged by the cooling of inflation, but the FED still needs more "good data".
US treasury 10 year bond yield is at 4.294%.
Oil prices are down from their highs - Brent crude at US$84.96 per barrel.
Gold price is up to US$2,364 per oz.
BITCOIN price is sitting at US$57,793.
European markets all down overnight.The FTSE fell53 points...
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