Base Metals and Minerals

Wall Street is clearly back to being on board with a Fed that seems more dovish than was assumed. Dow up 138. (Accessible only for subscribers before 10:15 AEST)

For Australia it’s 5200, and for Wall Street, 2000 in the S&P. Wall Street did not quite push through last night in a volatile session. Dow up 122. (Accessible only for subscribers before 10:15 AEST)

OZ Minerals has defined a high-grade resource at Carrapateena and brokers consider the potential for developing a smaller mine.

After a big recovery rally, Wall Street has stalled ahead of the upcoming earnings season. Dow up 13. (Accessible only for subscribers before 10:15 AEST)

With the US jobs report ending Fed uncertainty for now, everything bad is good again. Dow up 304. (Accessible only for subscribers before 10:15 AEST)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Wall Street didn’t seem to quite know what to do last night but tonight’s jobs numbers likely forced a flat close. Dow down 12. (Accessible only for subscribers before 10:15 AEST)

When Indonesia announced a future ban on nickel exports some two years ago expectations were for a mounting deficit in the metal. Now, ANZ analysts calculate that prospective deficit is fast diminishing.

Deutsche Bank and Morgan Stanley downgrade commodity prices and review the outlook for miners; tin pressured by supply; lead outlook comparatively better; several factors weighing on steel.

It was a case of window-dressing and short-covering across global markets over the past 24 hours for the end of the quarter. Dow up 235. (Accessible only for subscribers before 10:15 AEST)