i believe its the other way around.
the russell 2000 jumped back up a bit last night after looking perilously close to diving.
that indicates the Japanese election puts a bid under equity markets - because the view is he'll be re-elected and push through another QE - which in turn stops US from raising rates any time soon because it would screw their currency differential and hurt their exporters
i think we're probably jaggging higher until xmas given that response from the yanks - but the x factor will be if china/japanese indicators worsen to point where US numbers are seen in danger
thats the real danger to global equities now - not interest rate rises - but downward revision to US earnings forecasts given the multiples they are on.
japanese market is still cheap and europe ok. but US is expensive historically so its the canary in the coal mine
- Forums
- ASX - By Stock
- PDN
- re election
re election, page-3
Featured News
Add PDN (ASX) to my watchlist
|
|||||
Last
$10.06 |
Change
-0.030(0.30%) |
Mkt cap ! $3.007B |
Open | High | Low | Value | Volume |
$10.27 | $10.30 | $9.99 | $14.64M | 1.448M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2268 | $10.01 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.06 | 9758 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2268 | 10.010 |
1 | 20174 | 10.000 |
1 | 4364 | 9.990 |
1 | 3933 | 9.980 |
1 | 6348 | 9.970 |
Price($) | Vol. | No. |
---|---|---|
10.060 | 9758 | 4 |
10.100 | 2568 | 3 |
10.110 | 26522 | 2 |
10.120 | 4364 | 1 |
10.130 | 10281 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |