Global markets were all in retreat overnight. European markets are factoring in US tariffs on a sluggish European economy.
The FTSE fell 71 points (.86%), the DAX fell 16 points (.083%) and the CAC fell 85 points (1.14%).
The EU central bank is expected to cut interest rates by .25% this week.
The UK BoE is expected to keep interest rates on hold this week.
In the US, the DOW fell 154 (.35%), the NBI fell 37 points (.82%), the NASDAQ Composite fell 49 points (.25%) and the Russell small cap index fell 10 points (.42%).
US November CPI data out tomorrow - market expectations ate for 2.7% up from 2.6% in October. Core inflation expected to hold at 3.3%.
US Treasury 10 year bond yield is up to 4.231%
Oil prices edged up to US$71.98 per barrel.
Precious metal prices are up - gold price at US$2,691 per oz. Silver price also up.
BITCOIN is marginally up to US$96,552.
IMU Price at posting:
3.8¢ Sentiment: Buy Disclosure: Not Held
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