European markets were mixed overnight - but largely subdued.
The FTSE rose 13 points (.16%), the DAX fell 25 points (.14%) and the CAC rose 16 points (.20%).
In the UK, ONS data showed strong wage growth for the first quarter of 6% - this is the same as the last quarter of 2024 and market expectations was for a decline. This has slightly dampened expectations for a June interest rate cut.
ONS data also showed an unemployment rate of 4.3% - expectations for a 4.2% unemployment rate.
In the US, markets were all up.
The DOW rose 126 points (.32%), the NBI rose 20 points (.47%), the NASDAQ Composite rose 124 points (.68% and the Russell small cap index rose 23 points (1.14%).
Market analysts are now saying the US markets have entered a bull market trend.
US Treasury 10 year bond yield is at 4.50%.
Oil prices are down - Brent crude at US$82.50 per barrel.
The gold price is up - sort of bouncing around the same level - Gold price is at US$2,357 per oz.
BITCOIN is at US$61,550.
Be interesting how the ASX reacts to last nights budget - or whether it will just follow the US market movements.
European markets were mixed overnight - but largely subdued.The...
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Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $490.4M | |||
| Open | High | Low | Value | Volume |
| 6.8¢ | 6.9¢ | 6.6¢ | $647.9K | 9.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 309078 | 6.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.8¢ | 759722 | 11 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
6.7¢ |
Change
0.000 ( 0.15 %) |
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| Open | High | Low | Volume | ||
| 6.8¢ | 6.9¢ | 6.6¢ | 3602017 | ||
| Last updated 15.57pm 31/05/2024 ? | |||||
| IMU (ASX) Chart |