The FTSE rose 17 points (.21%), the DAX fell 80 points (.45%) and the CAC rose 15 points (.21%).
ECB left interest rates on hold. ECB cut ratees in June and is widely expected to cut again in September.
All US markets were well down overnight.
The DOW fell 533 points (1.29%, the NBI fell 70 points (1.46%), the NASDAQ Composite fell for a second day and closed down 125 Points (.70%) and the Russell small cap index fell 41 points (1.85%).
Might be a great day to go fishing and leave the iPad at home.
Keep an eye on the Russell index as it seems to be indicating confidence or not on interest rate movements in the US.
The graph below shows the reaction after the recent better than expected inflation figures in the US. RUT is the Russell small cap index.
US Treasury 10 year bond yield is at 4.195% . Oil price is steady - Brent crude at US$84.73 per barrel.
Gold price slipped slightly to US$2,444 per oz.
BITCOIN is standing at US$63,680.
IMU Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held
