FE on SMM
COVID Lockdown is hitting China.
Shanghai & Shenzhen included amongst other parts.
This is not a Mickey Mouse lock down. Tens of millions of people in lockdown, but the location of these lockdowns is telling. Big tech & industrial manufacturers are heavily concentrated in these areas. This is a very interesting development.
DCE & SGX both hit today with falls of over 6-7% reflecting this imo.
I think that this will likely force the hand of the Peoples Bank of China. Expect interest rates to fall on the 21st of March 2022.
FE on SMMCOVID Lockdown is hitting China. Shanghai & Shenzhen...
-
- There are more pages in this discussion • 8,878 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$22.04 |
Change
-0.320(1.43%) |
Mkt cap ! $67.86B | |||
| Open | High | Low | Value | Volume |
| $22.32 | $22.41 | $21.98 | $158.0M | 7.125M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39363 | $22.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.05 | 1722 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |