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Global markets showed some healthy gains overnight.In Europe,...

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    Global markets showed some healthy gains overnight.

    In Europe, the FTSE rose 32 points (.39%), the DAX rose 181 points (.98%) and the CAC rose 30 points (.41%).

    In the US, the DOW rose 297 points (.72%), the NBI rose 75 points (1.57%), the NASDAQ Composite rose 114 points (.65%) and the Russell small cap index rose 53 points (2.49%).

    Markets have been spurred on by the chance of a larger interest cut next week in the US. Policy makers are tossing up the idea of "considering" a .50% cut because of the weak job market.

    The US Treasury 10 year bond yield sits at 3.657%.

    Oil prices are steady - Brent crude at US$72.06 per barrel.

    Gold continues to surge to new records - currently at US$2,581 per oz.

    BITCOIN also rose strongly to US$59,765.
 
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