Ahead of the Herd’s Rick Mills tells a story in pictures using copper demand-supply and grade data.
Solid US economic data ensured another rise on Wall Street, but activity was less than convincing. Dow up 42. (Accessible only for subscribers before 10:15 AEDST)
Rio Tinto’s outlook is guardedly positive, weak gold is offering opportunity, while Credit Suisse sees some light at the end of the tunnel for nickel.
The Dow entered blue sky territory last night, boldly going where it has never been before, in rising 125 points. (Accessible only for subscribers before 10:15 AEDST)
After a maiden interim profit brokers decided the selling of Sandfire Resources had gone far enough. Five out of seven brokers have upgraded recommendations.
Wall Street shrugged off sequesters and Chinese property restrictions to again close higher last night. Dow up 38. (Accessible only for subscribers before 10:15 AEDST)
Analysts suspect iron ore’s price rebound is short term, coal is still plentiful and the copper surplus is eroding. Gold prices should ease.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The Dow ran up to within sight of the all-time high and then got the jitters, retreating for the time being. Dow down 20. (Accessible only for subscribers before 10:15 AEDST)
Forget Europe, forget the sequester. Positive US data and more QE confirmation sent Wall Street looking for new highs again last night. Dow up 175. (Accessible only for subscribers before 10:15 AEDST)