Northern hemisphere markets experience ‘further gains’ overnight

CommSec’s Tom Piotrowski says “further gains” have been seen for Northern Hemisphere markets overnight on “both sides of the Atlantic”. “The US this week has been characterised by the release of inflation figures,” Mr Piotrowski told Sky News Australia. “The bottom line is the markets now resolve on the belief that the US Federal Reserve will be cutting interest rates by a quarter of a per cent next week”. Presented by CommSec.