Rather unpleasant trading on global markets overnight.
In Europe, the FTSE fell60 points (.73%), the DAX fell 274 points (1.48%) and the CAC fell 79 points (1.07%).
In the US, the DOW retreated 410 points (1.01%), the NBI fell 62 points (1.31%), the NASDAQ Composite fell 436 points (2.55%) and the Russell small cap index fell 40 points (1.91%).
US job data was disappointing and sparked a general sell off of stocks.
US unemployment did drop from 4.3% to 4.2%. However, fewer jobs were added in August. 142k new jobs were added - 165k was the expectation.
Private payrolls added just 99k new jobs in August - market expectations were 145k. This was down from 122k new jobs in July.
Wage growth increased to 3.8% which was up from 3.6% in July.
US Treasury 10 year bond yield sits at 3.726%.
Oil prices continue to fall - Brent crude is at US$71.50 per barrel. The fall in oil prices probably reflects the view that faltering economies will result in less demand.
The gold price fell below US$2500 - now sitting at US$2,495 per oz.
BITCOIN fell sharply and is at US$53,304.
Rather unpleasant trading on global markets overnight.In Europe,...
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Last
5.4¢ |
Change
-0.002(3.57%) |
Mkt cap ! $401.6M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.4¢ | $1.182M | 21.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 3441484 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 574188 | 6 |
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| IMU (ASX) Chart |