IO is up 10c to 54.50 today ..
lower OIL + IO + Copper prices is the reason we have worldwide DEFLATION ...as Economists are Finally starting to Realize..
Imported Products prices get lower ..as commodities fall = Slower internal Goods Inflation = No Wages Inflation = Low Interest rates .
The best way to Recover world markets and Inflation drivers is to Lift IO + Copper Prices up...thru Supply Reductions and Mine Closures by Majors like Glencore Rio BHP Vale .
They will eventually Halt Supply expansion policy ..to Improve their EPS ...as Shareholders start to Demand better results from Major miners.
Commodities prices stabilization + growth = Inflation stabilization + growth
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$132.01 |
Change
0.350(0.27%) |
Mkt cap ! $221.8B |
Open | High | Low | Value | Volume |
$132.75 | $133.30 | $132.01 | $84.71M | 638.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 656 | $132.01 |
Sellers (Offers)
Price($) | Vol. | No. |
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$132.05 | 108 | 7 |
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No. | Vol. | Price($) |
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3 | 45 | 132.050 |
1 | 25 | 132.040 |
3 | 95 | 132.030 |
2 | 105 | 132.020 |
2 | 54 | 132.010 |
Price($) | Vol. | No. |
---|---|---|
132.090 | 11 | 1 |
132.100 | 284 | 12 |
132.110 | 320 | 9 |
132.120 | 403 | 12 |
132.130 | 168 | 5 |
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