BOQ 0.75% $6.68 bank of queensland limited.

$3.80ish next stop?, page-130

  1. 319 Posts.
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    I'm wondering why traders feel the need to follow the Dow when the sentiment clouding the US seems to be an increase in corona cases there when we have few to no cases here.... just makes no sense https://www.cnbc.com/2020/06/10/stock-market-futures-open-to-close-news.html. We have high iron ore prices and exporting as much of it as we can, LNG exports also looking good, I would say food exports are going well although we are down on tourism and international students. I get the feeling the macro picture in Australia is looking A LOT better than the US when the actual figures start to come out (our unemployment vs US unemployment, GDP growth etc). Given the level of unemployment in the US vs in Aus, I'ld be interested to see if there's an increase in NPL's at large US banks like Wells Fargo - unemployed ppl usually have a hard time paying a mortgage.

    Last edited by valakos: 12/06/20
 
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