Global markets reacted positively to the US interest rate overnight.
In Europe, the FTSE rose 75 points (.91%), the DAX rose 290 points (1.55%) and the CAC rose 170 points (2.29%).
In the UK, the BoE kept rates on hold.
Car makers in Europe are struggling because of the electric car rises - VW is to close factories in Germany with 30,000 jobs to go. This will be an unfolding story into the near future.
In the US, the DOW rose 522 points (1.26%), the NBI rose 52 points (1.09%), The NASDAQ Composite rose (440 points (2.51%) and the Russell small cap index rose 46 points (2.10%).
ASX should follow with a decent rise today. Yesterday, the ASX hit a new record going past 8,200 points and that should be broken again today.
Australia not expected to cut interest rates until May next year as inflation sits at 3.5% currently.
US Treasury 10 year bond yield sits at 3.719%.
Oil prices are again rising - Brent crude at US$74.79.
Gold price continues to rise and site at US$2,589 per oz.
BITCOIN has surged and sits at US$63,223.
Global markets reacted positively to the US interest rate...
Add IMU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.0¢ |
Change
0.001(2.04%) |
Mkt cap ! $371.8M | |||
| Open | High | Low | Value | Volume |
| 4.9¢ | 5.1¢ | 4.9¢ | $776.4K | 15.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 6526158 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 1499998 | 1 |
View Market Depth
| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| IMU (ASX) Chart |