The FTSE fell 73 points (.83%), the DAX rose 338 points (1.47%) and the CAC rose 23 points (.29%).
The German bourse rose after Germany announced additional defence spending packages.
ECB cut EU interest rates by .25%. Indications that this may be the last interest rate cut for the time being.
Markets in the US plunged 2% at the opening of trade but recovered later in the session after the tariff policy reversal.
The DOW fell 427 points (.99%), the NBI fell 27 points (.62%), the NASDAQ Composite fell 483 points (2.61%) and the Russell small cap index fell 34 points (1.63%).
The negative moves came about due to the implementation of tariffs on Canada and Mexico and the fears of the impacts on the US economy. In this case, Trump looks like he blinked first and postponed the introduction of the tariffs until 2nd April.
US IRS is considering sacking half its workforce of 90,000.
US February jobs report i due on Friday.
US Treasury bond yield rose to 4.292%
Oil prices were steady - Brent crude at US$69.40 per barrel.
Precious metal prices slipped - gold at US$2,909 per oz.
BITCOIN fell to US$89,252.
IMU Price at posting:
3.5¢ Sentiment: Buy Disclosure: Not Held
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