The FTSE rose 16 points (.20%), the DAX fell 34 points (.18%) and the CAC fell 51 points (.72%).
In the US, the DOW fell 138 points (.31%), the NBI rose 47 points (1.02%), the NASDAAQ Composite fell 115 points (.60%) and the Russell small cap index rose 1 point (.08%).
Good to see that the NBI was strong overnight.
US PCE data (US Feds preferred measure of inflation) rose to 2.8% in October - an increase of .3% over the previous reading.
New Zealand central bank cut official interest rates by .50%. Comments that another cut is coming early in 2025.
NZ inflation at 2.2%. NZ is technically in a recession with the CPI down .2% after a .2% drop in the previous quarter.
Australian inflation at 2.1% - but core inflation sits at 3.5%.
US Treasury 10 year bond yield slipped down to 4.247%.
Oil prices also nudged lower - Brent crude at US$72.33 per barrel.
Gold edged up slightly to US$2,637 per oz. Silver dropped significantly.
BITCOIN staged a substantial rally and sits at US$96,496.
IMU Price at posting:
4.0¢ Sentiment: Buy Disclosure: Not Held
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