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European markets were all up overnight.The FTSE rose 45 points...

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    European markets were all up overnight.

    The FTSE rose 45 points (.56%), the DAX rose 73 points (.411%) and the CAC rose 57 points (.79%).

    UK Annual services price inflation fell to 5.2% in July - down from5.7% in June (BoE predicted 5.6%.

    UK inflation rose to 2.2% in July. UK inflation has fallen from a high of 11.1% in October 2022.
    https://hotcopper.com.au/data/attachments/6383/6383162-3c03cc7b3969767110bea64d0031bd00.jpg

    US markets were mixed.

    The DOW rose 242 points (.61%), the NBI fell 22 points (.48%), the NASDAQ Composite rose 4 points (.029%) and the Russell small cap index fell 10 points (.52%).

    US CPI data showed that inflation fell to 2.9% in July - down from 3% in June. Core inflation was at 3.2%.
    https://hotcopper.com.au/data/attachments/6383/6383172-943e990b48e12a512741c2f586e1cd89.jpg

    US Treasury 10 year bond yield is down to 3.84%.

    Oil prices are down - Brent crude is at US$79.88 per barrel.

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

    BITCOIN is down to US$59,008.


 
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