Here we are on Fed day with most pundits calling for no change to 5.25% with easing March / May. This morning New York Community Bank announced results and increase in reserves from approximately $50 million to $550 million. Shares are down approx 40%. This is looking like a possible redux of bank crisis a year ago and will put pressure on fed to lower rates sooner imo which would be a catalyst for Lynas share price near term. Announcement at 2 NYC time and q&a with Chrm. Powell at 2:30 pm. Let’s see what happens!
Stock price, page-200
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Last
$7.75 |
Change
0.000(0.00%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.81 | $7.88 | $7.66 | $13.33M | 1.713M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17351 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.75 | 85285 | 1 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| LYC (ASX) Chart |