Thanks for this. Keep an eye on China. CPI just came out stronger than expected. The worry to me is China has a slowing economy and rising prices. China Govt always concerned of social unrest, and the way to piss off their people is rising costs of basic necessities, and stagnant wages. The CPI numbers included 'the food price index surged by 7.3%'.
This raises concerns for the Chinese. Try to promote national consumption, but keep prices of basic necessities in check. Will be interesting to see what the analysts feel about this, but it raises concerns of renewed negative investor sentiment to me...
BTW - meaning to ask you. What does IMOO mean at the bottom of your posts?
whats price action telling me today..., page-20
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Last
$6.84 |
Change
-0.080(1.16%) |
Mkt cap ! $22.21B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5564 | $6.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.84 | 5679 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| STO (ASX) Chart |