It’s not really uranium specific, it’s more macro. I’ve seen Wall Street bully the Fed to cut rates sooner than expected. Given the weaker data, rate cuts might come sooner.
Reserve Banks around the world have quite a bit of ammo up their sleeves with rates now being much higher, so it’s will be risk on again when the jitters pass and rate cuts fuel the optimism.
If the cash rate was 1% I would be more worried about the lack of levers.
- Forums
- ASX - By Stock
- THE SQUEEZE IS ON
It’s not really uranium specific, it’s more macro. I’ve seen...
-
- There are more pages in this discussion • 529 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B |
Open | High | Low | Value | Volume |
$11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10 | $11.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.67 | 6642 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 11.630 |
1 | 81 | 11.600 |
1 | 86 | 11.540 |
1 | 200 | 11.520 |
1 | 300 | 11.510 |
Price($) | Vol. | No. |
---|---|---|
11.700 | 2000 | 1 |
11.720 | 300 | 1 |
11.740 | 213 | 1 |
11.750 | 8532 | 1 |
11.810 | 2000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
PDN (ASX) Chart |