I mentioned a few days ago that the US 2-year rate looked like a pressure cooker about to explode, last night's US CPI numbers was the last straw. The writing has been on the wall for some time, rate cuts are not happening anytime soon.
The good news however is the AUD tanked and opening expectation for resource stocks look a bit too good to be true...
Iron ore price, page-51900
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Last
$17.49 |
Change
0.300(1.75%) |
Mkt cap ! $53.85B | |||
| Open | High | Low | Value | Volume |
| $17.34 | $17.56 | $17.13 | $141.9M | 8.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 286 | $17.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.49 | 26714 | 5 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |