Shocker - global markets were in freefall overnight.
One piece of bad economic data on employment in the US has caused a panic that there could be a recession in the US.
In Europe, the FTSE fell 166 points (2.04%), the DAX fell 322 points (1.82%) and the CAC fell 102 points (1.42%).
The US markets plunged even more.
The DOW fell 1,033 points (2.60%) - the Dow was down as much as 1200 points at one stage. The NBI fell 135 points (2.86%), the NASDAQ Composite fell 576 points (3.43%) and the Russell small cap index closed lower by 70 points (3.33%).
Markets are now predicting that the US Fed will cut interest rates by a full half a percent in September to shore up market sentiment.
ASX may see another 300 point drop today.
US Treasury 10 year bond yield is largely unchanged at 3.78%.
Oil prices also largely unmoved - Brent crude at US$77.23 per barrel.
Large fall in the gold price which sits at US$2,409 per oz.
BITCOIN price plunged to US$54,146.
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Last
5.2¢ |
Change
-0.002(3.70%) |
Mkt cap ! $382.1M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.2¢ | $148.9K | 2.828M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 2436853 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 392814 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 2436853 | 0.052 |
43 | 4493294 | 0.051 |
58 | 4676760 | 0.050 |
19 | 2213068 | 0.049 |
20 | 815580 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 392814 | 5 |
0.054 | 3612717 | 13 |
0.055 | 870851 | 7 |
0.056 | 2745820 | 14 |
0.057 | 859484 | 10 |
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