you are talking about the US rate cut which will definitely come and help the US get out of there mess slightly and it will be big rate cuts as they are on the board or a recession if not in one already ,but it's a juggling act ,
too much rate cuts will have inflation jump back up.
so I agree we will see some rate cuts in America this year but for Australia possibly February we will see one.
But when the US cuts them it will send a positive trigger to the market.
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$1.58 |
Change
0.055(3.62%) |
Mkt cap ! $268.4M |
Open | High | Low | Value | Volume |
$1.56 | $1.61 | $1.56 | $106.0K | 67.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 649 | $1.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.59 | 3000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
2 | 649 | 1.575 |
1 | 2868 | 1.570 |
1 | 325 | 1.540 |
1 | 1138 | 1.535 |
1 | 10000 | 1.525 |
Price($) | Vol. | No. |
---|---|---|
1.585 | 3000 | 1 |
1.620 | 2192 | 2 |
1.630 | 6499 | 2 |
1.640 | 4440 | 2 |
1.660 | 20000 | 1 |
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