Some worrying signs with rises in bond yields and oil prices. Strong gold price and BITCOIN would seem to indicate funds moving out of stocks.
European markets all down overnight.
The FTSE fell 63 points (.76%), the DAX fell 96 points (.52%) and the CAC fell 74 points (.92%).
In the US, there were alo significant falls - except for the NASDAQ.
The DOW fell 216 points (.55%). the NBI fell 56 points (1.28%), the NASDAQ Composite rose 99 points (.59%) and the Russell small cap index fell 2 points (.14%).
ASX will take a hit today one would suspect. Does not seem to be a single reason to dampen market sentiment other than the continued fears on future interest rate movements.
US Treasury bond yield is up strongly and is currently at 4.54%.
Oil prices have also moved up strongly - Brent crude is at US$84.52 per barrel.
The gold price sits at US$2,358 per oz.
BITCOIN is at US$68,366.
Why IMU is a multi multi bagger, page-23744
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Last
5.9¢ |
Change
0.005(9.26%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.9¢ | 5.4¢ | $1.489M | 25.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 35252 | 5.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1753430 | 24 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| IMU (ASX) Chart |