So the rally is on for now, but the July 13 consumer price index will be crucial. If the index sees an above 8% gain, it would be the second consecutive such reading. The Fed could then become more aggressive in lifting rates, putting even more pressure on economic demand.
" If inflation hasn't peaked, then all bets are off ", " There could be some residual strength in inflation that's going to keep the Fed on edge, keep yields high. It's going to dictate the narrative in markets.
" BARRON'S "
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Last
$1.37 |
Change
-0.028(1.96%) |
Mkt cap ! $3.351B | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.43 | $1.37 | $6.658M | 4.785M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 69390 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 28618 | 16 |
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| Last trade - 13.01pm 13/05/2024 (20 minute delay) ? |
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Last
$1.37 |
Change
-0.028 ( 3.12 %) |
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| Open | High | Low | Volume | ||
| $1.40 | $1.43 | $1.37 | 1529407 | ||
| Last updated 13.20pm 13/05/2024 ? | |||||
| LTR (ASX) Chart |