bonds falling as more ppl from other bond markets with negative rates pile in, as they go in rates fall
rates down good for gold
further downgrades to growth sees world bank downgrade world growth again, so lower rates good for gold.
FED also talking possible rate cuts, monster change from six months ago when they were raising eveey 90 days, to then being neutral, to now looking at cuts
All this is good for equities, same thing has happened in the past but with rates higher, and this is what fuelled the current biggest equity rally in history.....
pollies hope this will stabilize or ignite growth, make people borrow more.....
Same old same old imo,,,rates aren't 3 looking at 4 in usa,,,,they are now 2.5 looking at 2 and below...….
lower rates,,more borrowing for buybacks,,,,,(game continues)
MAybe when all rates are zero and negative the party will stop...……..
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $171.7M |
Open | High | Low | Value | Volume |
20.5¢ | 21.5¢ | 20.0¢ | $1.033M | 4.950M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 65150 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.5¢ | 926460 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 65150 | 0.210 |
7 | 294290 | 0.205 |
25 | 1568031 | 0.200 |
22 | 1363532 | 0.195 |
38 | 1110909 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.215 | 926460 | 17 |
0.220 | 783992 | 11 |
0.225 | 371761 | 7 |
0.230 | 255610 | 10 |
0.235 | 703959 | 7 |
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