Australian Politics Forum - Share market crash this morning.

Bobby.

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Australian Politics

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Re: Share market crash this morning.
Reply #30 - Aug 6^th, 2024 at 11:56am

https://edition.cnn.com/2024/08/05/business/japan-nikkei-225-stock-market-reboun...

Japan stocks rebound sharply after worst rout in history

By Laura He, CNN
1 minute read
Published 9:38 PM EDT, Mon August 5, 2024

The Nikkei 225 last traded about 11% higher, while South Korea’s Kospi rebounded by 4.2%.

Hong Kong’s Hang Seng Index rose 1%.

They all suffered major losses during the previous trading session.

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Bobby. Gold Member Offline Australian Politics Posts: 107577 Melbourne Gender:	Re: Share market crash this morning. Reply #31 - Aug 6^th, 2024 at 12:00pm ASX coming back: https://www.marketindex.com.au/asx200 S&P/ASX 200 ^XJO:ASX·INDEX 7,662.7 13.1 ( +0.17%)
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Sophia

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Re: Share market crash this morning.
Reply #32 - Aug 6^th, 2024 at 5:25pm

freediver wrote on Aug 5^th, 2024 at 5:40pm:

Just for some context, the ASX 200 reached record highs at the end of January this year. It is still higher than it ever was prior to January.

So don't start buying just yet.

Sophia, I have always found using a credit card gets you the best exchange rate.

I certainly will watch for next couple weeks… our au compared to uk was .50cyesterday
Monday crap day is correct.
Today it went up a bit .508c

It irks me our au$ is worth only .50c to uk.
If I go there with $2000 au it’s only £1,000 uk
It must be expensive living in the UK
I wonder what the average wage earner gets per week?

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Bobby. Gold Member Offline Australian Politics Posts: 107577 Melbourne Gender:	Re: Share market crash this morning. Reply #33 - Aug 6^th, 2024 at 11:44pm DOW up 0.28% on opening. https://edition.cnn.com/markets?utm_source=hp The Stock market has not crashed.
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Sophia Gold Member Offline Posts: 8649	Re: Share market crash this morning. Reply #34 - Aug 7^th, 2024 at 10:03am Au = uk getting better 1 AUD = 0.512783 GBP Today
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Bobby. Gold Member Offline Australian Politics Posts: 107577 Melbourne Gender:	Re: Share market crash this morning. Reply #35 - Aug 8^th, 2024 at 9:03am DOW closed down 0.6%. https://edition.cnn.com/markets?utm_source=hp ASX futures down 0.2% https://au.investing.com/indices/australia-200-futures
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Sophia Gold Member Offline Posts: 8649	Re: Share market crash this morning. Reply #36 - Aug 8^th, 2024 at 9:54am 1 AUD = 0.514638 GBP
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Bobby. Gold Member Offline Australian Politics Posts: 107577 Melbourne Gender:	Re: Share market crash this morning. Reply #37 - Aug 8^th, 2024 at 12:25pm ASX down 0.32% https://www.marketindex.com.au/asx200
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Sophia Gold Member Offline Posts: 8649	Re: Share market crash this morning. Reply #38 - Aug 9^th, 2024 at 12:16pm 1 AUD = 0.517001 GBP
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Bias_2012 Gold Member Offline Australian Politics Posts: 10766 Gender:	Re: Share market crash this morning. Reply #39 - Aug 9^th, 2024 at 12:39pm It's all green today .. they've got over their jitters, whatever they were about
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Bobby. Gold Member Offline Australian Politics Posts: 107577 Melbourne Gender:	Re: Share market crash this morning. Reply #40 - Aug 9^th, 2024 at 1:15pm Bias_2012 wrote on Aug 9^th, 2024 at 12:39pm: It's all green today .. they've got over their jitters, whatever they were about It's all OK - there was no need to worry.
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Laugh till you cry Gold Member Offline Posts: 16619 In your happy place Gender:	Re: Share market crash this morning. Reply #41 - Aug 9^th, 2024 at 1:45pm Bobby. wrote on Aug 9^th, 2024 at 1:15pm: Bias_2012 wrote on Aug 9^th, 2024 at 12:39pm: It's all green today .. they've got over their jitters, whatever they were about It's all OK - there was no need to worry. Until the next cataclysm. Rising cave prices are a leading indicator.
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Bobby.

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Australian Politics

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Re: Share market crash this morning.
Reply #42 - Aug 9^th, 2024 at 3:16pm

Laugh till you cry wrote on Aug 9^th, 2024 at 1:45pm:

Bobby. wrote on Aug 9^th, 2024 at 1:15pm:

Bias_2012 wrote on Aug 9^th, 2024 at 12:39pm:

It's all green today .. they've got over their jitters, whatever they were about

It's all OK - there was no need to worry.

Until the next cataclysm.

Rising cave prices are a leading indicator.

The share market has turned into a casino with too much borrowed
money being invested and also in 10 to 1 or more leveraged positions.
Japan banks stopping their zero interest money caused the latest plunge.

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Jasin Gold Member Offline Posts: 50118 Gender:	Re: Share market crash this morning. Reply #43 - Aug 9^th, 2024 at 3:58pm Even the Global Stock Markets can experience an Earthquake!
Back to top	AIMLESS EXTENTION OF KNOWLEDGE HOWEVER, WHICH IS WHAT I THINK YOU REALLY MEAN BY THE TERM 'CURIOSITY', IS MERELY INEFFICIENCY. I AM DESIGNED TO AVOID INEFFICIENCY. IP Logged

Sophia Gold Member Offline Posts: 8649	Re: Share market crash this morning. Reply #44 - Aug 10^th, 2024 at 11:02am 1 AUD = 0.515241 GBP Interesting that Tues -Fri is the timescale to watch for. Be interesting to see next week’s values.
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