If you break it down, last night’s rally on Wall Street was all about that weak jobs number last week. Dow up 128. (Accessible only for subscribers before 10:15 AEST)
By Rudi Filapek-Vandyck, Editor FNArena It's not the first time that a gap has opened up between the price of…
The pressure is on for copper, iron ore and nickel producers and BA-Merrill Lynch finds most miners are trading at deep discounts to NPV.
Traders suspect money is flowing out of Japan and into securities, including equities, in the US and Australia. Dow up 59. (Accessible only for subscribers before 10:15 AEST)
Wall Street was back in rally mode last night, as if Friday’s weak jobs number never happened. Dow up 48. (Accessible only for subscribers before 10:15 AEST)
Coal bearishness continues, while mineral sands and oil prices could firm up. Meanwhile, bird flu rears again.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The yen crashed 3% last night on announced stimulus, while Wall Street put on a brave face against more weak data. Dow up 55. (Accessible only for subscribers before 10:15 AEDST)
Weak US data, an unnerving comment from a Fed president and a sudden appreciation of North Korean bellicosity sent Wall Street rushing for the exits last night. Dow down 111. (Accessible only for subscribers before 10:15 AEDST)
The Chartist reports signs copper is nearing the end of its long corrective move and a sharp bounce may be not far off.