"Fed fund futures are now pricing in an inter-meeting rate cut within the next week by the Federal Reserve, according to Merrill Lynch analyst Joseph Shatz".
COMMENT: This interest rate cut, if passed would calm the subprime original markets somewhat: resetting private mortgages rates due shortly.
That is one part of the whole. The main part is the credit liquidity and countries are injecting cash to overcome that.
The whole would create more inflation but that would need to be accepted in these difficult times.
If both measures occur, then that would be positive for markets, IM HO.
Wait and see!
Gerry
- Forums
- ASX - General
- ASX
- us: rate cut perhaps
us: rate cut perhaps
Featured News
Add ASX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$64.32 |
Change
0.620(0.97%) |
Mkt cap ! $12.47B |
Open | High | Low | Value | Volume |
$63.90 | $64.57 | $63.52 | $16.88M | 263.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1433 | $64.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$64.53 | 12 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1433 | 64.310 |
1 | 353 | 64.280 |
1 | 1670 | 64.200 |
1 | 378 | 64.160 |
1 | 341 | 64.130 |
Price($) | Vol. | No. |
---|---|---|
64.530 | 12 | 1 |
64.550 | 200 | 1 |
64.560 | 80 | 1 |
64.570 | 2174 | 3 |
64.580 | 366 | 2 |
Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
Last
$64.44 |
  |
Change
0.620 ( 1.45 %) |
|||
Open | High | Low | Volume | ||
$63.87 | $64.57 | $63.53 | 43489 | ||
Last updated 15.59pm 06/05/2024 ? |
Featured News
ASX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online