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Very positive gains for global markets overnight.In Europe, the...

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    Very positive gains for global markets overnight.

    In Europe, the FTSE rose 15 points (.19%), the DAX rose 162 points (.85%) and the CAC rose 36 points (.48%).

    Predictions that the BoE will cut interest rates by .5% after GDP data showed a .2% increase in August - it was zero in both June and July.

    In the US, Q3 bank earnings reports are coming in above expectations.

    The DOW rose 409 points (.97%), the NBI rose 89 points (1.90%), the NASDAQ Composite rose 60 points (.33%) and the Russell small cap index rose an impressive 45 points (2.10%).

    US Treasury 10 year bond yield is sitting at 4.077%.

    Oil prices fell - Brent crude is at US$78.67 per barrel.

    Gold prices edged up to US$2,654 per oz.

    BITCOIN surged to US$62,920.
 
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