European markets were mixed overnight. UK had it spring economic announcement outlying the state of the economy.
The FTSE rose 25 points (.30%), the DAX fell 270 points (1.17%) and the CAC fell 77 points (.96%).
In the UK, the OPR revise down its predictions for growth in 2025 to just 1%.
OPR also predicted inflation would be up to 3.2% in 2025.
US markets were all in the red overnight. Once again, tariffs were the main driver.
The DOW fell 132 points (.31%), the NBI fell 69 points (1.58%), the NASDAQ Composite slumped 372 points (2.04%) and the Russell small cap index fell 21 points (1.03%).
Trump stated that he "did not want too many exceptions" to tariffs - an indication that Trump has swung back to a more hard-line approach.
Trump is to announce tariffs on motor vehicles tomorrow.
Trump will also announce tariffs on copper soon.
US Treasury bond yield rose to 4.353%
Oil price rose - Brent crude at US$73.26 per barrel.
Precious metal prices were steady - gold is at US$3,019 per oz.
BITCOIN fell to US$87,225.
IMU Price at posting:
3.3¢ Sentiment: Buy Disclosure: Not Held
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