Two competing sentiments with stock market trading - fear versus greed.
Fear has been overtaken by a bit of greed overnight and most stock indices were up.
In Europe, the FTSE rose 18 points (.23%), the DAX rose 15 points (.09%) and the CAC fell 18 points (.27%).
In the US, the DOW rose 294 points (.76%), the NBI rose 17 points (.38%), the NASDAQ Composite rose 166 points (1.03%) and the Russell small cap index rose 25 points (1.23%).
Lots of recriminations leveled at central banks for leaving rates high for too long being thrown around.
US markets are suggesting there could be 4 interest rate cuts in 2024.
US Treasury 10 year bond yield is up to 3.901%
Oil prices steady - Brent crude at US$76.26 per barrel.
Gold price continues to slip and is at US$2,388 per oz.
BITCOIN is on the rise again and sits at US$56,706.
Two competing sentiments with stock market trading - fear versus...
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Last
5.3¢ |
Change
0.004(8.16%) |
Mkt cap ! $394.1M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.5¢ | 4.8¢ | $1.798M | 35.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2193808 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 605064 | 3 |
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| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| IMU (ASX) Chart |