USA Fed rate cut ect will be a non event this week as market knows it's coming. The only important event all week aside from USA durable goods is USA GDP out thursday night our time.
If this so much as shows a decent contraction and thus confirms first stage of recession in United States, copper may fall to sub 1.50 a pound (if it hasn't already by then.)
Don't even get me started on iron ore (look at spot prices!!!)/oil or pretty much anything else BHP deals in.
It's all headed south for the foreseeable future. For that reason, so is BHP along with their earnings per share.
Try this:
http://www.marketwatch.com/news/economy/economic_calendar.asp
USA Fed rate cut ect will be a non event this week as market...
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Last
$42.70 |
Change
-0.380(0.88%) |
Mkt cap ! $216.5B | |||
| Open | High | Low | Value | Volume |
| $42.91 | $43.15 | $42.66 | $398.1M | 9.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 16374 | $42.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.73 | 600 | 1 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |