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
$6.94 |
Change
0.070(1.02%) |
Mkt cap ! $6.477B | |||
| Open | High | Low | Value | Volume |
| $6.94 | $7.04 | $6.88 | $8.700M | 1.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 18616 | $6.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.95 | 16286 | 12 |
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| Last trade - 13.58pm 12/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |