The FTSE fell 3 points (.042%), the DAX fell 27 points (.12%) and the CAC rose 31 points (.39%).
German election is to be held next week, and the DAX has been settling a bit lower.
The Office of National Statistics in the UK released data showing that UK retail sales rose 1.7% in January (there was a decline of .6% in December.
There was a bit of a meltdown in US markets overnight.
The DOW fell 748 points (1.69%), the NBI fell 16 points (.35%), the NASDAQ Composite fell 438 points (2.20%) and the Russell small cap index fell 66 points (2.94%).
Pessimism over inflation caused by tariff uncertainty saw a drop in consumer sentiment in the US. A drop of 10% from January. Long term inflation expectations rose from 3.2 to 3.5% - highest recorded data since 1995.
US Treasury 10 year bond yield fell to 4.415% Given that there was downward pressure on the stock market in the US, the fall in the bond yield is a bit surprising. We may see an upward correction in the bond yield next week.
Oil prices dropped - Brent crude is at US$74.25 per barrel.
The gold price is sitting at US$2,935 per oz. There seems to be a bit of downward pressure on precious metal prices recently.
BITCOIN price slumped to US$95,175.
IMU Price at posting:
3.8¢ Sentiment: Buy Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)