Why IMU is a multi multi bagger, page-26851

Global markets were largely positive overnight.

Chinese markets continue to rise on the back of China's stimulus programmes.

In Europe, the FTSE fell by a single point (.023%), the DAX rose 105 points (.55%) and the CAC rose 63 points (.85%).

US very positive jobs report for September fueled the markets.

The September jobs report showed 254k new jobs were created which was well ahead of the expected 150k jobs. This spurred on US markets and over road fears with Middle East tensions.

In the US, the DOW rose 341 points (.81%), the NBI rose 36 points (.78%), the NASDAQ Composite rose 219 points (1.22%) and the Russell small cap index rose 32 points (1.50%).

US Treasury 10 year bond yield has risen significantly to 3.983%. This indicates nervousness with investing in the stock market and anywhere over 4% is not a good sign.

Oil prices are up9% in a week - Brent crude is sitting at US$78.11 per barrel.

Precious metals are holding on to recent gains - the gold price is sitting at US$2,650 per oz.

BITCOIN price is up to US$62,335.