Base Metals and Minerals

Opportunities in thermal ooal plays are closing, two steel inventory themes play out for iron ore and the copper surplus is seen as increasing.

Australia and the US are in waiting mode for earnings and data and policy decisions, leading to low volumes and a lack of definitive moves. Dow down 36. (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.

Goldman takes a look at metal price forecasts, while JP Morgan makes the case for improvement in refined zinc and Macquarie makes observations on the latest Chinese trade data.

US earnings might be beating net estimates, but falling revenues are holding Wall Street back. Dow up 13. (Accessible only for subscribers before 10:15 AEST)

The LME’s push to change its warehousing rules, coupled with the Fed’s rethink on US bank commodity trading, suggests the potential for significant base metal price falls.

More mixed earnings results, weak US bond demand and strong economic data provided a cocktail of uncertainty last night as Wall Street again failed to push higher. Dow down 25. (Accessible only for subscribers before 10:15 AEST)

Western Areas has impressed brokers by staying above the line despite a depressed nickel price.

Wall Street is starting to look tired as earnings and data continue to offer mixed signals. Dow up 22. (Accessible only for subscribers before 10:15 AEST)

Forex.com’s Kathleen Brooks observes a bounce in commodities and explains the importance of it all.