Commonwealth Bank economists look at China’s impact on global economic growth as we enter 2011.
Technical market analysts at Barclays are positive about short term prospects for base metals leading into 2011.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Economic data again helped Wall Street rally last night as the end of year graft continues. Dow up 41.
ATW’s Jerry Simmons believes the odds are in favour for AUD/USD and copper to surge to higher levels.
Wall Street’s initial rise on positive data was scuppered last night on talk of a Spanish downgrade. Dow down 19. (Locked for subscribers until 10:00 AEDST)
Again Wall Street tried to stage a strong rally and again it was thwarted later in the day despite some solid economic data. Dow up 48. (Locked for subscribers until 10:00 AEDST)
A glance through the latest expert views and predictions about commodities with updates on broker tours of China and Chile, some positives for copper and iron ore and gold seen as well placed to withstand any unwinding of speculative long positions.
With no rate rise coming from Beijing the world saw a green light to return to the risk trade, although momentum struggled. Dow up 18. (Locked for subscribers until 10:00 AEDST)
A glance through the latest expert views and predictions about commodities, with UBS lifting its oil price forecasts and positives identified for coal, mineral sands, copper and gold prices.