LYC 0.39% $6.38 lynas rare earths limited

aussie $ collapsing = rising ree price, page-2

  1. 1,648 Posts.
    There is a indicate of economic signal:

    the devaluation trend of China's currency has emerged.

    Credit squeeze could turn a slowdown into a hard landing


    “On Friday, Rudd was unequivocal of the potential fallout of the end of the 'China resources boom'.

    'This will have a dramatic effect on our terms of trade, a dramatic effect on living standards in the country, a dramatic effect potentially on employment.'

    If things in China get worse than expected, Australia will be ill-prepared”

    (http://www.theage.com.au/business/chinas-banks-tread-fine-line-in-chase-for-growth-20130628-2p2r0.html#ixzz2XYaFZ1Sp)

    ---
    if this may not be able to avoid the devaluation of China's currency, the price of China's RE FOB will be lower.
 
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Last
$6.38
Change
-0.025(0.39%)
Mkt cap ! $5.977B
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$6.46 $6.47 $6.36 $6.453M 1.007M

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12 7856 $6.37
 

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Price($) Vol. No.
$6.38 31758 33
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