investor 2009,
Yep the market is forward looking
The Aus Gov't in backward looking!
Though we are a small fish. Our strong curency is paradoxicaly hurting blue collar worker.
http://au.finance.yahoo.com/news/falls-iron-ore-price-falls-031911555.html
"That weakness in iron ore prices has been affecting the Australian materials sector at the moment and the Australian dollar is, in turn, feeling the affects of that," Mr Waterer said.
"Iron ore (prices) fell another five per cent last night.
Iron ore spot prices have dropped by 50 per cent from the record levels of about $US180 ($A174.70) a tonne in the first half of calendar 2011, and have fallen by 30 per cent over the past two months.
Spot iron ore prices fell $US4.50 to near three-year lows of $US90.30 ($A87.64) on Wednesday, with reports of more falls on Thursday in China.
At 1200 AEST on Thursday, the September 10-year bond futures contract was trading at 96.960 (implying a yield of 3.040 per cent), down from 96.895 (3.105 per cent).
The September three-year bond futures contract was at 97.500 (2.500 per cent), up from 97.400 (2.600 per cent).
So slow growth on assets in next 6 months at least...
keep guessing
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$127.45 |
Change
4.230(3.43%) |
Mkt cap ! $47.31B |
Open | High | Low | Value | Volume |
$126.25 | $127.95 | $125.00 | $303.5M | 2.401M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1052 | $127.25 |
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Price($) | Vol. | No. |
---|---|---|
$127.49 | 3457 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 215 | 126.000 |
1 | 150 | 125.300 |
5 | 915 | 125.000 |
1 | 400 | 124.110 |
1 | 1 | 124.000 |
Price($) | Vol. | No. |
---|---|---|
127.500 | 50 | 1 |
127.550 | 44 | 1 |
127.650 | 514 | 2 |
127.670 | 1700 | 1 |
127.700 | 970 | 2 |
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