Base Metals and Minerals

This week’s Fed comments have begun from the dovish side of the aisle, sending the US dollar down and forcing a short-covering scramble in gold. Dow down 19. (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.

After an upbeat end to 2012, funding for miners and explorers has all but dried up.

A strong read on Japan’s GDP was nervously welcomed, while more weak US data rolled out amidst endless QE exit talk. (Accessible only for subscribers before 10:15 AEST)

CSR has weathered FY13, just. Brokers like the low debt levels but find the company hamstrung by soft housing. Then there’s Viridian.

The Chartist suggests Rio Tinto is likely to fall further before a buying opportunity arises.

Brokers ask if the recent Australian dollar weakness can help miners, see iron ore prices underpinned, tin in short supply and a deflation threat to gold.

Fed exit? Not on last night’s US data. The longer the Fed stays, the more Wall Street rallies. Dow up 60. (Accessible only for subscribers before 10:15 AEST)

By Rudi Filapek-Vandyck, Editor FNArena On my observations, it is not well appreciated among market commentators, financial journalists and analysts…

The rising stock market and rising US dollar are feeding on each other to maintain the momentum on Wall Street. Dow up 123. (Accessible only for subscribers before 10:15 AEST)