Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Analysts ponder the outlook for metal prices in the September quarter with a closer look at palladium and zinc and there’s upside for Indonesian wheat imports.
Wall Street hit blue sky once more last night as new all-time highs in the S&P and Dow signalled the end of the tapering fear pullback. Dow up 169. (Accessible only for subscribers before 10:15 AEST)
The Chartist is not yet convinced the Australian materials sector has reversed its downward trend.
Forget the minutes, Bernanke is not ready to start tapering, it would appear. Wall Street flat on close, but up in the after-market. (Accessible only for subscribers before 10:15 AEST)
Brokers run the ruler over Alumina Ltd after Alcoa reported lower costs and better margins in second quarter.
Optimistic expectations for the earnings season are leading Wall Street back toward all-time highs. Dow up 75. (Accessible only for subscribers before 10:15 AEST)
Global markets saw reversals to a degree from Friday’s initial US jobs responses as America returned to work last night after the break. (Accessible only for subscribers before 10:15 AEST)
Mineral prices slumped in June but there are signs that pressure is abating for some, signalling to analysts there may be opportunities out there.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.