Base Metals and Minerals

Wall Street has concluded that a Fed exit is inevitable eventually and has decided it’s time to switch out of yield stocks. Dow down 106. (Accessible only for subscribers before 10:15 AEST)

Strong confidence and house price data pushed stocks up and bonds down on Wall Street, despite the Fed tapering risk. Dow up 106. (Accessible only for subscribers before 10:15 AEST)

An inflation theme is emerging while copper stocks are set to build and there is a battle for gold, but iron ore prices may not fall too far.

This week ATW’s Jerry Simmons looks at copper and suggests a price break-out to the upside is required is the US equities rally is to continue.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Fed talk, weak Chinese data and a big sell-off in Japan have all made for a wild 24 hours on stock markets. Dow down 12. (Accessible only for subscribers before 10:15 AEST)

Recently expanded mines risk impairments, a rising US dollar is pressuring metals prices while copper fundamentals may actually be improving.

Wall Street was confused last night by Bernanke’s comments and the Fed minutes, but it appears a big sell order hit the market regardless. Dow down 80. (Accessible only for subscribers before 10:15 AEST)

Commonwealth Bank analysts foresee softer copper prices over the next two years. After that, Chile’s number one position will erode and prices will rise.

The Fed doves were again vocal last night, confirming QE can just as easily be increased as decreased in the near term. Dow up 52. (Accessible only for subscribers before 10:15 AEST)