Finspiration Australia. Chart Analysis of Australian and International Stock Markets

 Overnight.

NYSE closed overnight.

In Europe stocks rose strongly with EuroStoxx600 up +1%.  German DAX +1.06%.  Bank stocks up about +3%.  

DAX remains in non-trending mode with both Span A and Span B of the Kumo Cloud parallel to each other.  

Commodities.

Brent Crude Oil +0.9%.  Copper -0.3%.  Iron Ore -2.6%.  

In the U.K. BHP fell -1.6% and Rio -1%.  Those figures aren't too bad as in Australia yesterday BHP fell -5.3% and Rio -5.06%.

Overnight Oz Futures are up +47 points or +0.7%.

Yesterday in Australia, XJO down -0.64%, so our market on present indications should gain back most of yesterday's losses.