Check out the graph
http://img146.imageshack.us/my.php?image=1ov8.jpg
Money markets have rates in 3 months at 6.37 cash rate....that adds up to 2 rises coming in the next 3 months.
Our last oil boom created inflation at 12% and interest rates around 20%...kaboom
Fuel rising is yet to flow into the transport industry and from there on, and rents are rising...its all over if oil stays here or keeps rising
rising interest rates
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Last
$60.00 |
Change
0.520(0.87%) |
Mkt cap ! $11.63B | |||
| Open | High | Low | Value | Volume |
| $59.54 | $60.22 | $59.50 | $25.48M | 424.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600 | $59.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.01 | 288 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |