Global markets were mixed overnight with Middle East tensions weighing on markets.
In Europe, the FTSE rose 9 points (.11%), the DAX fell 116 points (.50%) and the CAC fell 27 points (.36%).
EU inflation fell to 1.9% for May.
UK inflation stood much higher at 3.4% - UK core inflation dropped from 3.8% to 3.5%.
In the US, the DOW fell 44 points (.10%), the NBI rose 18 points (.45%), the NASDAQ Composite rose 25 points (.13%) and the Russell small cap index rose 11 points (.52%).
US Fed held interest rates at their monthly meeting.
US Fed slashed economic forecasts for growth in 2025 to 11.4% (down from 1.7%) and predicted rises in inflation to 3% (up from 2.7%). Jerome Powell placed the blame on tariff uncertainty.
US Treasury 10 year bond yield sits at 4.394%
Oil prices are up - Brent crude at US$76.17 per barrel.
Gold price slipped to US$3,369 per oz.
BITCOIN is at US$105,102
IMU Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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