BHP & RIO are going to get whack on Monday as base metals are coming off. Looking like a very bad night for the Dow and depend how much they close down, we might see some resources money jumping into banks on Monday.
It won't surprise me if Dow is down over 300 points tonight, at the same time it won't surprise me if Dow is only down just 100 points as they'll expect a rate cut the following as a done deal and Big Ben will not be scrutinise.
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Last
8,773.5 |
Change
28.300(0.32%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,745.2 | 8,821.0 | 8,745.2 |
| XJO (ASX) Chart |