Wall Street fell back on more taper-talk and a downgrade to Dow giant IBM as the summertime blues continue. Dow down 93. (Accessible only for subscribers before 10:15 AEST)
The lightest volume on Wall Street this year led to a slight pullback on hawkish Fedspeak. Dow down 46. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Expansionary manufacturing data from across the globe (except guess where) suggests a world in recovery. Dow up 128. (Accessible only for subscribers before 10:15 AEST)
The global potash market is today in disarray following the break-up of the global cartel. Brokers assess the future for BHP’s tier one Jansen potash project.
Jonathan Barratt of Barratt’s Bulletin suggests the Chinese PMI and Beijing’s moves to cut capacity leave copper vulnerable.
No mention of tapering, modest US growth and deflation concerns offered just about the right mix to assure no great response. Dow down 21. (Accessible only for subscribers before 10:15 AEST)
In the space of a couple of years, the global rare earth picture has changed substantially. The future balance of supply and demand is a complex and difficult equation to solve, which has ramifications for Australia’s Lynas Corp.
By Rudi Filapek-Vandyck, Editor FNArena Share market indices are back above 5000, and hanging around at levels above what used…
Wall Street again closed flat ahead of tonight’s Fed statement and GDP, while metals tumbled on nervousness ahead of the Chinese PMI. (Accessible only for subscribers before 10:15 AEST)