The RBA is set to release its February monetary policy decision on February 18. The market now sees a 90% chance of a 25 basis point rate cut, which would bring the cash rate down from 4.35% to 4.10%. If the RBA cuts rates in February, it would mark the first rate cut since the cash rate was raised to 4.35% in November 2023, and the first in over four years, signaling Australia's official entry into a rate-cutting cycle. RBA rate cu...
$Mercury NZ Ltd (MCY.AU)$5% drop due to pure manipulation. some thief has set a layer wall at 5.10 which due to low volume is significant in suppressing price. The same thief has likely put up the sell wall at 5.55 preventing price from going beyond. They will be putting buys within range and dumping. Note on nzx no significant change to price. Thanks asic for allowing this bullshit to occur.
$Mercury NZ Ltd (MCY.AU)$Ahh so did fall to manipulation walls. well done asic fck you very much for allowing illegal moves by instos. no reason for this to fall other than manipulation. also fck the actual manipulators too.
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To make things worse, energy was big on asx. I read on nz forum that Salt Fund might have been spreading bullshit, probably those pos playing this, hopefully they get wrecked as thieves deserve. asic where you at, ohh yea blind to insto layering.
$Mercury NZ Ltd (MCY.AU)$Big walls formed again at 5.30 sub. instos theives layering again. thanks asic for looking other way and allowing blatant manipulation once again.
Market Review The Australian stock market concluded the week at a three-month low, following a global downturn in stocks that intensified towards the end of the week. On Friday close,$S&P/ASX 200 (.XJO.AU)$declined by 1.24%, reaching 8067.00, marking its lowest point since September. The index has experienced a 2.8% drop for the week due to widespread selling, which has postponed the ...
$Mercury NZ Ltd (MCY.AU)$which insto stain dumped and put layer walls on the buy to drag price down this low. asic a joke allowing blatant manipulation.
PAUL BIN ANTHONY : tq sir god bless your and family Amen![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
Nchiwla : Anyone know of an ETF for the 1. telecomms in Aus, 2. Materials in Aus 3. consumer staples in Aus?
Nchiwla : and the other sectors mentions 4,5,6?