Spuza12
This is just my take on it.
I trade the miners in London and New York.
Last night after some of the US FED guys started talking
about rate hikes in June the Iron Ore futures started to
tank and the miners went down the tubes!
The funny thing is they weren't actually saying there will be a rate hike, the market just doesn't like them talking about it !
So don't talk about it! lol
The message I am taking from it is there is no chance
of a rate hike anytime soon.
Below are the graphs of RIO in London and New York which illustrate what happened.
Spuza12 This is just my take on it. I trade the miners in London...
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Last
$21.76 |
Change
0.350(1.63%) |
Mkt cap ! $66.99B | |||
| Open | High | Low | Value | Volume |
| $21.49 | $21.76 | $21.32 | $97.85M | 4.532M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1380 | $21.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.77 | 28571 | 3 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |