Shaking off yesterday’s blues, Wall Street powered ahead on favourable reporting featuring retailers and tech stocks.
Weekly musings from your editor (with apologies for the delay).
Port Of Tauranga shares rose strongly yesterday after the company revealed merger discussions with Port of Auckland, though regulatory issues pose a threat to any deal being approved.
The third quarter reporting season has kicked off with a bit of a fizzer, and the Fed is still spouting hawkish rhetoric.
North Korea reignited the Cold War this week, and no one in the markets cared less.
Reader James Ward assesses the peak oil discussion. And invites others to join in. (Re-published with amended quote ExxonMobil)
The LME has responded to unprecedented investor interest in commodities to launch metals contracts more accessible for fund managers.
If you’re going to break a record, you might as well break it good.
Weekly musings from your editor.
As the oil price fell back below US$60/bbl the Dow closed at a record high and the bottom fell out of the gold market.