A great night in the US, with the Dow Jones climbing549 points (+1.9%), rallying on the back of action from the Bank of England. SPI Futures are up 98 points (+1.5%).
- ASX SPI Futures up 98 points.
- Dow up 549 points (1.88%) Off high of +677 points
- Nasdaq up 222 (2.05%)
- S&P 500 up 72 points (1.97%)
- VIX index down 7.04%
- Commodities mixed. Oil up 6.3%. Gold up 2.3% on USD weakness.
- BoE intervenes. USD falls AUD back to 65c.
- Bon yields tumble. US 10's hit 4% then back to 3.7%
- Monthly CPI at 11.30am - First monthly for Australia.
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