Why IMU is a multi multi bagger, page-19187

European markets fairly flat but in positive territory in overnight trading.

FTSE up 4 points (.062%), the DAX rose 34 points (.22%) and the CAC rose 14 points (.2%).

BoE statement that interest rates will remain high.

The German economy is tracking to go into recession. The economy contracted by .1% in the 3rd quarter - analysists are predicting a further contraction in the 4th quarter.

Sharp fall in German car industry helped pull manufacturing down .9%.

There was a truncated Friday trading session (closed at 2pm) post the Thanksgiving public holiday on Thursday.

The DOW rose 117 points (.33%), the NBI rose 20 points (.55%), the NASDAQ Composite fell 15 points (.1%) and the Russell small cap index rose 11 points (.67%).

US Treasury 10 year bond yield rose to 4.48%.

Oil prices were steady pending the OPEC meeting on the 30th November. Brent crude at US$81 per barrel.

African members and Russia want to increase production while other members want to cut production.