Global markets were quite ugly overnight.
In Europe, the FTSE had a modest fall of 2 points (.036%), the DAX fell 186 points (1.03%) and the CAC fell 80 points (.99%).
Eurozone escaped a technical recession with GDP growth of .3% in the first qtr of 2024.
Eurozone inflation remained steady at 2.4% for April.
US markets copped a pounding. Inflation fears continue to dominate market sentiment.
The DOW fell 570 points (1.49%), the NBI fell 43 points (1.02%), the NASDAQ Composite fell 325 points (2.04%) and the Russell small cap index fell 42 points (2.09%).
ASX may have a 100 point fall today.
US Fed started 2 day meeting on interest rates. Even some commentary that interest rates could rise.
US salaries and wages data showed a 1.1% increase over the first qtr 2024.
US Treasury 10 year bond yield rose to 4.68%.
Oil prices are still sitting around the US$90 per barrel - Brent crude is at US$87.90 per barrel.
Gold price slumped and fell below the US$2300 mark - currently at US$2,286 per oz.
BITCOIN went into reverse and fell below the US$60k mark - currently at US$59,924.
Why IMU is a multi multi bagger, page-23074
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Last
6.0¢ |
Change
0.001(1.69%) |
Mkt cap ! $439.1M | |||
| Open | High | Low | Value | Volume |
| 6.0¢ | 6.1¢ | 5.8¢ | $1.072M | 18.07M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 85851 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 335299 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
6.1¢ |
Change
0.001 ( 2.37 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 6.1¢ | 5.8¢ | 7197252 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| IMU (ASX) Chart |