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Global markets largely in positive territory overnight.In...

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    Global markets largely in positive territory overnight.

    In Europe, the FTSE rose 93 points (1.13%), the DAX rose 97 points (.53%) and the CAC40 rose 56 points (.76%).

    In the US, the DOW rose 99 points (.24%), the NBI fell 7 points (.15%), the NASDAQ Composite rose 451 points (2.64%) and the Russell small cap index rose 11 points (.51%).

    The NASDAQ Composite has been heavily sold off and the rise last night is down to investors snapping up some cheaper shares.

    The US Fed opted to keep interest rates on hold.

    In Australia, the inflation data came in line with market expectations at 3.8%.

    Oil prices rose due to increased geopolitical tensions in the Middle East.

    US Treasury 10 yer bond yield is significantly down to 4.033%.

    Oil prices are up - Brent crude is at US$80.72 per barrel.

    Gold price surged and is sitting at US$2,447 per oz.

    BITCOIN fell to US$65,017.
 
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