LYC lynas rare earths limited

aussie $ collapsing = rising ree price, page-2

  1. 1,648 Posts.
    There is a indicate of economic signal:

    the devaluation trend of China's currency has emerged.

    Credit squeeze could turn a slowdown into a hard landing


    “On Friday, Rudd was unequivocal of the potential fallout of the end of the 'China resources boom'.

    'This will have a dramatic effect on our terms of trade, a dramatic effect on living standards in the country, a dramatic effect potentially on employment.'

    If things in China get worse than expected, Australia will be ill-prepared”

    (http://www.theage.com.au/business/chinas-banks-tread-fine-line-in-chase-for-growth-20130628-2p2r0.html#ixzz2XYaFZ1Sp)

    ---
    if this may not be able to avoid the devaluation of China's currency, the price of China's RE FOB will be lower.
 
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(20min delay)
Last
$8.27
Change
-0.070(0.84%)
Mkt cap ! $7.736B
Open High Low Value Volume
$8.30 $8.35 $8.14 $30.78M 3.743M

Buyers (Bids)

No. Vol. Price($)
2 184 $8.27
 

Sellers (Offers)

Price($) Vol. No.
$8.28 38197 5
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Last trade - 16.15pm 04/07/2025 (20 minute delay) ?
LYC (ASX) Chart
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