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Why IMU is a multi multi bagger, page-26835

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    Global markets largely down overnight.

    The FTSE bucked the trend and rose 39 points (.48%), the DAX fell 111 points (.58%) and the CAC fell 61 points (.81%).

    EU inflation is expected to 1.8% in September which is down from 2.2% in August. However, core inflation actually rose to 2.7%.

    In the US, the DOW fell 173 points (.41%), the NBI fell 23 points (.49%), the NASDAQ Composite fell 278 points (1.53%) and the Russell small cap index fell 32 points (1.48%).

    OIL prices surged after Iran fired 200 missiles at Israel.

    Jerome Powell hinted that the US Fed is "not in a hurry) to cut interest rates.

    US Treasury 10 year bond yield is slightly down to 3.74%.

    Oil prices spike - Brent crude is up to US$73.89 per barrel.

    Precious metals are up - gold price site at US$2,658 per oz.

    BITCOIN declined sharply to US$61,260.
 
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