Going to be a volatile week- with US mid- terms Trump frantically pulling out all the stops to visit key states. Has he successfully pissed off 50% of population through his appalling treatment of women or has the trade war Rethoric back fired in the farming states? I'm not so sure on this. All I do know the US$ is having a significant impact on base commodities. Other issue is brexit- I think if a deal is done here it will stabilize EU/$ providing downward pressure on US dollar- reducing EM debt liabilities and fueling a rebound in EM which is good for AUS/$ and base metal demand. Let's hope both mid terms and Brexit provide good outcomes! A strong dollar might be good for base metal prices, however this isn't sustainable long term and will feed into inflationary pressures- so overall I would rather see the US dollar depreciate. Will also help with reducing dollar denominated debt liabilities for AJM.
- Forums
- ASX - By Stock
- 1MC
- AJM Speculation
AJM Speculation, page-189
-
-
- There are more pages in this discussion • 150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add 1MC (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
121 | 181496973 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 20055545 | 43 |
Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |
Day chart unavailable
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online