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Global markets generally down overnight.In Europe, the FTSE fell...

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    Global markets generally down overnight.

    In Europe, the FTSE fell 56 points (.68%), the DAX fell 14 points (.078%) and the CAC fell 42 points (.57%).

    UK CPI data showed inflation for August steady at 2.2%. Core inflation rose from 3.3% in July to 3.6% in August - expectation was for a 3.5% rise.

    In the US, the DOW fell 103 points (.25%), the NBI fell 16 points (.35%), the NASDAQ Composite fell 54 points (.31%), the Russell small cap index managed a rise of less than 1 point (.039%).

    The US Fed cut interest rates by .5%. he US Fed economic summary showed two more cuts of .25% this year - bringing a 1% cut for 20024.

    US Treasury 10 year bond yield rose to 3.724%.

    Oil prices dropped - Brent crude at US$72.85 per barrel.

    Gold price is down a bit to US$2,550 per oz.

    BITCOIN is steady at US$59,827.
 
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