at least we got more certainty this wk compared to last wk. Greece is finally getting the money and US service sector index was a positive surprise especially new orders and employment subindex. If you average the private sector payroll growth in last 7 months since November, it is 155,857 with the latest crappy grwoth. So, I believe it's too soon to call US is heading back into double-dip camp.
Plus, 10yr is hitting resistance and yields are not so exciting anymore - Money has to go somewhere in the end and I think some will return to Equities.
Key events are Bernanke speech on their Tuesday arvo and our RBA Tuesday. OPEC meeting and Fed Beige book on Wednesday night, ECB rate decision Thursday night and Chinese trade on Friday are also important.
share price, page-88
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Last
$43.90 |
Change
0.620(1.43%) |
Mkt cap ! $222.7B | |||
| Open | High | Low | Value | Volume |
| $43.28 | $44.06 | $43.25 | $361.0M | 8.220M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 508 | $43.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.90 | 5100 | 2 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| BHP (ASX) Chart |