A strong earnings result from Dow Chemical and strong US housing data kept Wall Street’s correction at bay last night. Dow (Jones) down 25. (Accessible only for subscribers before 10:15 AEDST)
OZ Minerals delivered a better than expected quarterly production report but failed to erase concerns on mine life and growth.
A glance through the latest expert views and predictions about commoditie with updates on copper, changes to oil price expectations and a less bullish scenario for iron ore.
Wall Street did not stage a comeback last night as large cap earnings missed the mark and traders became more concerned about election ramifications and cliffs. Dow down 243. (Accessible only for subscribers before 10:15 AEDST)
Wall Street recovered from a further 100 point Dow fall on earnings fear to close flat as buyers moved in to snap up beaten down names. Dow up 2. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Ahead of the Herd’s Rick Mills suggests investors should have investment opportunities in copper on their radar screens.
It was a weak session for US earnings reports, but Wall Street was turned around by economic data and in the background, Spain avoided junk status. Dow up 5. (Accessible only for subscribers before 10:15 AEDST)
A glance through the latest expert views and predictions about commodities as the pressure on coal heats up, Goldman Sachs revises commodity forecasts and broker discuss base metals.
A solid result from Citigroup had Wall Street thinking maybe earnings expectations are too negative. Dow up 95. (Accessible only for subscribers before 10:15 AEDST)