in the same report, Shane Oliver mentioned an interest rate cut to reduce this credit 'squeeze' as opposed to a credit crunch.
so, Big Ben is the saviour and has made his move by intervening in the market, reducing the discount rate by 50 basis points. This crisis is affecting the global economy rather the subprime market.
expect a sharp bounce in the All Ords on Monday. Charlie may prove correct.
- Forums
- ASX - General
- the bottom...a view from aitken
in the same report, Shane Oliver mentioned an interest rate cut...
Featured News
Add ASX (ASX) to my watchlist
(20min delay)
|
|||||
Last
$66.64 |
Change
-0.160(0.24%) |
Mkt cap ! $12.92B |
Open | High | Low | Value | Volume |
$66.81 | $67.08 | $66.45 | $15.70M | 235.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8 | $66.55 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$66.64 | 259 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8 | 66.550 |
1 | 8 | 66.530 |
1 | 1032 | 66.520 |
1 | 8 | 66.510 |
1 | 1032 | 66.480 |
Price($) | Vol. | No. |
---|---|---|
66.640 | 259 | 1 |
66.680 | 826 | 1 |
66.720 | 6 | 1 |
66.780 | 334 | 1 |
66.820 | 1768 | 3 |
Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online