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.

Why not sign up for a free trial? Get access to expert insights and research and become a better investor.