Wall Street followed Australia’s astonishing reversal yesterday with the biggest intraday turnaround in four years. Metal prices were slaughtered last night. Dow up 93. (Accessible only for subscribers before 10:15 AEST)
Global stock markets held up relatively well in the wake of the “no” vote but on the Greece/China quinella, oil, iron ore and copper took a hit. Dow down 46. (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.
The world has squared up ahead of Sunday, and the US long weekend. Dow down 27. (Accessible only for subscribers before 10:15 AEST)
Slumping prices are generating pain across a range of commodities, while nickel appears better positioned for some upside.
The eurozone finance ministers have gone home, leaving Greece to the fate of its own referendum. Dow up 138. (Accessible only for subscribers before 10:15 AEST)
The world stabilised to some extent last night as China rallied and the Greek drama offered up nothing new. Dow up 23. (Accessible only for subscribers before 10:15 AEST)
Alumina pricing pressure; aluminium & steel producers hold up; iron ore rally ebbs; coking coal depressed; nickel inventory builds.
Yes there’s Greece, but there’s also China and, now, Puerto Rico. Dow down 350. (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.