The FTSE rose 55 points (.64%), the DAX rose 64 points (.27%) and the CAC fell 27 points (.36%).
US markets were largely in the red overnight.
The DOW rose 54 points (.13%), the NBI fell 91 points (2.20%), the NASDAQ Composite fell 62 points (.32%) and the Russell small cap index fell 8 points (41%).
Encouraging inflation data was off set by comments on tariffs that are adding uncertainty.
US core PCE data (preferred measure oof inflation) came in at 2.5% for April - this is down from 2.7% in March. Trump has accused China of "totally violating its agreement with us on trade" and accused China of continuing "to slow down and choke off things like critical minerals".
US-China trade talks have stalled.
US Treasury 10 year bond yield fell to 4.403%
Oil prices fell - Brent crude is at US$62.67 per bael.
Gold price retreated to US$3,289 per oz.
BITCOIN fell to US$104,628.
IMU Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
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