All European markets were up overnight.
The FTSE rose 33 points (.43%), the DAX rose 18 points (.10%) and the CAC rose 21 points (.28%).
In the US, markets were in the green - though fairly muted.
The DOW rose 75 points (.20%), the NBI rose 12 points (.29%), the NASDAQ Composite rose 91 points (.58%) and the Russell small cap index rose 14 points (.70%).
Jerome Powell (head of the US Fed) was addressing the US Congress (House Financial Services Committee) and stated:
"If the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year,"
This is typical economist speak - vague and nothing that can be attacked later as being right or wrong
Pretty much the same as saying "if you find that your car is travelling at sped towards a brick wall, there is a fair chance that you may consider applying pressure on the brake pedal at some stage".
US Treasury 10 year bond yield is creeping down - currently at 4.11%.
Oil prices are up - Brent crude at US$82.90 per barrel.
The gold price continues to have some momentum and is up to US$2,146 pe oz.
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Last
5.7¢ |
Change
0.003(5.56%) |
Mkt cap ! $417.2M |
Open | High | Low | Value | Volume |
5.5¢ | 5.8¢ | 5.2¢ | $2.499M | 45.00M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1921794 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 1368288 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 286362 | 0.055 |
9 | 2036888 | 0.054 |
16 | 2736044 | 0.053 |
20 | 1943436 | 0.052 |
23 | 3206056 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 378902 | 2 |
0.058 | 1552127 | 7 |
0.059 | 837099 | 8 |
0.060 | 2176188 | 16 |
0.061 | 1163926 | 6 |
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