eerrtt, agree with your thoughts.
potential short term pain, but strengthens long term case.
QE3 from the little I have heard is very opend ended, they will continue past the end of the year if required which has to be concerning. interest rates flat until atleast mid 2015 now. This will impact QBE earnings in the short term.
AUD has already jumped as well. Drop in iron ore and coal price / demand will likely have a reducing impact on currency, but with so many variables at play it is hard to tell.
QE3, page-2
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.72 |
Change
0.050(0.30%) |
Mkt cap ! $25.12B | |||
| Open | High | Low | Value | Volume |
| $16.78 | $16.80 | $16.65 | $76.53M | 4.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14525 | $16.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.72 | 11814 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |