LNG 0.00% 4.3¢ liquefied natural gas limited

Copping a beating today., page-6

  1. TDA
    11,411 Posts.
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    I reckon LNG is getting caught up in the carry trade atm, especially with so many US investors on the books. You can see how the carry trade is bringing down our banks and miners as US investors repatriate back to the USD and how commodity prices are being hit hard.

    The ASX and stocks within all need to see the Bank of Japan raise interest rates to fight rising inflation and then we should see an unwinding of this current carry trade which is really spanking our market atm.
 
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