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US markets were closed overnight for the Martin Luther King...

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    US markets were closed overnight for the Martin Luther King public holiday.

    Markets fell in Europe overnight.

    FTSE fell 30 points (.39%), the DAX fell 82 points (.49%) and the CAC fell 53 points (.72%).

    US Futures are down a bit so maybe a red opening for markets in the US tomorrow.

    Economic data out of Wednesday:
    - US retail sales data
    - UK inflation data.
    - Chinese 4th quarter growth data.

    Chinese central bank kept interest rate policy on hold - markets expected a cut.

    US Treasury 10 year bond yield slightly down to 3.97%

    Oil prices also slightly down to US$78.14

    Gold price slightly up to US$2,054.
 
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