FMG 0.45% $22.10 fortescue ltd

Today's focus will be on BHP following the proposed takeover for...

  1. 10,235 Posts.
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    Today's focus will be on BHP following the proposed takeover for Anglo. It will be a horrible start for the ASX opening down some 100pts as interest rate cut expectations are unwound. The US is also finding itself in a tough spot with GDP growth far weaker than expected, but inflation higher... overnight the US 2-year rate pierced 5% despite the significantly weaker than expected GDP numbers.

    https://hotcopper.com.au/data/attachments/6126/6126390-9ac0fc2a39ac3629d4e31c32e4782458.jpg
    Last edited by convexity: 26/04/24
 
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