A raft of mostly positive US data was met with ambivalence last night by the three traders left on Wall Street. Dow down 7. (Accessible only for subscribers before 10:15 AEDT)
Is a solid US retail sales number good news or bad news? Wall Street doesn’t know either. Dow up 2. (Accessible only for subscribers before 10:15 AEDT)
Technical market analysts at Barclays report the technical picture for industrial metals remains weak, in particular for copper.
Wall Street is now struggling to hang on to gains amidst peripheral newsflow and silence from Europe. Dow down 38. (Accessible only for subscribers before 10:15 AEDT)
Last week saw heavy coverage of the domestic mining scene as brokers took advantage of the lull before the full onset of the FY reporting season.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A glance through the latest expert views and predictions about commodities with Chinese economic indicators seen as capping base metals, and updates on gold, iron ore, base metals and thermal coal.
Northern financial markets have ground to a summer holiday halt with three more weeks of speculation to go. Dow down 10. (Accessible only for subscribers before 10:15 AEDT)
A better than expected profit, a confident outlook and measured approach to capex from Rio Tinto have analysts underlining their Buy ratings for the other “Big Australian”.
There’s not much incentive to sell, but yet no confirmation of reasons to buy at this point. Dow up 7. (Accessible only for subscribers before 10:15 AEDT)