An expected second half pick-up for China and undervaluation have equity strategists suggesting resource sector stocks are beginning to look attractive once more.
It was down, it was up, it was down and it was up again, for little change. Bernanke twists while Wall Street dances to a wild beat. Dow down 12. (Accessible only for subscribers before 10:15 AEDT)
While the share price has returned to GFC lows Citi sees limited upside in Alumina given ongoing margin pressures from a surplus in the aluminium market. Citi is not alone.
Hopes of some form of action from the Fed had Wall Street more buoyant last night, while European markets surged as Greece appears close to forming a government. Dow up 95. (Accessible only for subscribers before 10:15 AEDT)
FNArena’s weekly update on short positions in the Australian share market.
A glance through the latest expert views and predictions about commodities with Goldman Sachs assessing the debt repayment capabilities of Oz miners along with base metals and ammonium nitrate updates.
Greece may have voted to stay, but with questions remaining, the path from here is a lot less clear. Dow down 25. (Accessible only for subscribers before 10:15 AEDT)
The Chartists believes it is too early as yet to turn genuinely bullish on market heavyweights BHP Billiton and Rio Tinto.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street was all over the shop last night as the headlines rained down, with preparations for coordinated global stimulus the underlying theme. Dow up 155. (Accessible only for subscribers before 10:15 AEDT)