All European markets were up overnight.
The FTSE rose 33 points (.43%), the DAX rose 18 points (.10%) and the CAC rose 21 points (.28%).
In the US, markets were in the green - though fairly muted.
The DOW rose 75 points (.20%), the NBI rose 12 points (.29%), the NASDAQ Composite rose 91 points (.58%) and the Russell small cap index rose 14 points (.70%).
Jerome Powell (head of the US Fed) was addressing the US Congress (House Financial Services Committee) and stated:
"If the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year,"
This is typical economist speak - vague and nothing that can be attacked later as being right or wrong
Pretty much the same as saying "if you find that your car is travelling at sped towards a brick wall, there is a fair chance that you may consider applying pressure on the brake pedal at some stage".
US Treasury 10 year bond yield is creeping down - currently at 4.11%.
Oil prices are up - Brent crude at US$82.90 per barrel.
The gold price continues to have some momentum and is up to US$2,146 pe oz.
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Last
6.0¢ |
Change
0.004(7.14%) |
Mkt cap ! $440.9M |
Open | High | Low | Value | Volume |
5.7¢ | 6.3¢ | 5.6¢ | $1.312M | 21.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 299223 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.1¢ | 450000 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 296500 | 0.060 |
8 | 899945 | 0.059 |
10 | 1036582 | 0.058 |
11 | 2712529 | 0.057 |
13 | 718589 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.061 | 450000 | 3 |
0.062 | 615032 | 6 |
0.063 | 702930 | 9 |
0.064 | 564497 | 6 |
0.065 | 1433916 | 15 |
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