Gassin, CBA should have put more in resources now that Yellen's commentary indicates resources have bottomed.
ANZ, WBC and NAB will outdo CBA now. Even BEN as it is wedded so much to the Chinese Community's favored Victorian property habitat might get more alpha, let us see. Always thought resources exposure was a nice to have.
The Federal Reserve's decision and commentary that risks were no longer balanced, growth has slowed and that it is "closely monitoring global economic and financial developments" means IMHO FED interest rate rises r no longer viable and Yellen recognizes that. USD will stay lower, AUD higher, NZD higher and China growth rate will pick up as PBOC will stimulate as long as Xi remains PRC President IMHO but pls DYOR.
Macroeconomic outlook in the western world, China, India, Western Europe including England, Australia and NZ is overwhelmingly positive for integrated iron ore and oil producers.
Yellen's commentary probably spells that we r close to the end of the bottom in resources IMHO but pls DYOR.
Jcoure
- Forums
- ASX - By Stock
- Gassin & JCoure
Gassin, CBA should have put more in resources now that Yellen's...
-
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.86 |
Change
-0.010(0.26%) |
Mkt cap ! $44.60B |
Open | High | Low | Value | Volume |
$3.86 | $3.88 | $3.86 | $44.18M | 11.43M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
66 | 811903 | $3.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.87 | 144537 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 311298 | 3.850 |
19 | 155480 | 3.840 |
34 | 211584 | 3.830 |
33 | 151968 | 3.820 |
43 | 163141 | 3.810 |
Price($) | Vol. | No. |
---|---|---|
3.870 | 40952 | 4 |
3.880 | 27432 | 7 |
3.890 | 190222 | 19 |
3.900 | 385371 | 62 |
3.910 | 252597 | 24 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
TLS (ASX) Chart |