Well the japanese have announced their form of qe. They are going to devalue the yen.with this move comes two things
1. A need for meaningful projects to suck up some of this money
2. A release valve to compensate for the surge in oil gas prices due to the devalued yen.
Step up uranium..
The modifications needed to get the existing plants up and running again under the new safety regulations, are going to need lots of cash. This new announcement clears the way for such expenditure.
US dollar denominated oil and gas prices will surge in yen terms. It is these two commodities that have largely filled the gap over the past two years since fukashima. But the cost to the competitiveness of the japanese exporters has made it difficult for the japanese to compete. This is something that the new japanese govt is keen to address. This is why they have announced their new qe program. Devalue the yen and steal market share in their export markets..
But a weaker yen will only go so far, if the japanese exporters are hamstrung by expensive non nuclear energy. They need to restore their cheap energy and quickly. Their existing nuclear plants are the quickest way, and also the most logical.
- Forums
- ASX - By Stock
- PDN
- japans stimulus package
japans stimulus package
Featured News
Add PDN (ASX) to my watchlist
|
|||||
Last
$11.18 |
Change
-0.250(2.19%) |
Mkt cap ! $3.342B |
Open | High | Low | Value | Volume |
$11.66 | $11.66 | $11.18 | $25.19M | 2.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 8339 | $11.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.24 | 800 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 8339 | 11.170 |
2 | 6905 | 11.160 |
1 | 1000 | 11.150 |
2 | 7243 | 11.140 |
1 | 8228 | 11.130 |
Price($) | Vol. | No. |
---|---|---|
11.240 | 800 | 1 |
11.250 | 600 | 1 |
11.270 | 6705 | 1 |
11.280 | 18044 | 4 |
11.290 | 10129 | 2 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |