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rcman

31,152 Posts.

1490

15/12/23

09:31

Post #: 71463325
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Originally posted by noomxx ↑

US FED to drop 3 times in 24. NOT the RBA. We were slower to the party of rising interest rates, we increased at a slower rate, and we have potentially more entrenched inflation.

Fed rate: 5.25% off
RBA rate: 4.35

Much less room the the RBA drop compared to the FED.

Having said this, AMP desperately needs those rates down due its inefficiently in attracting low interest rate deposits, so AMP bank getting more squeezed than the big 4

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Shane Oliver thinks we will cut 2nd half.

Rarely are the analysts right.

AMP Price at posting: 95.5¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last $1.11		Change 0.005(0.45%)		Mkt cap ! $2.961B

Open	High	Low	Value	Volume
$1.10	$1.12	$1.08	$3.665M	3.328M

Buyers (Bids)

No.	Vol.	Price($)
29	176072	$1.11

Sellers (Offers)

Price($)	Vol.	No.
$1.12	331517	54

View Market Depth

No.	Vol.	Price($)
26	188098	1.110
25	379756	1.105
20	345666	1.100
15	248726	1.095
13	226706	1.090

Price($)	Vol.	No.
1.115	331517	53
1.120	817444	40
1.125	366052	23
1.130	262007	21
1.135	153968	7

Last trade - 12.15pm 24/05/2024 (20 minute delay)


Last $1.11			Change 0.005 ( 0.77 %)
Open	High		Low	Volume
$1.10	$1.11		$1.08	1834020
Last updated 12.35pm 24/05/2024 ?

AMP (ASX) Chart