Base Metals and Minerals

As the world awaits Greece’s fate, a big jump in US consumer spending rekindled Fed rate rise angst last night. Dow down 75. (Accessible only for subscribers before 10:15 AEST)

Enthusiasm has begun to wane as it appears Greece and its creditors are no closer to resolution. Dow down 178. (Accessible only for subscribers before 10:15 AEST)

Optimism reigns, but the Greek situation remains fluid and as yet unresolved. Dow up 24. (Accessible only for subscribers before 10:15 AEST)

European markets surged overnight as Greece’s creditors declared they may finally have the beginnings of a workable deal. Dow up 103. (Accessible only for subscribers before 10:15 AEST)

Western Areas will purchase the Cosmos nickel project from Glencore Xstrata. Brokers welcome the potential expansion this offers.

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

Will Greece shut its banks on the weekend? Dow up 180. (Accessible only for subscribers before 10:15 AEST)

Bulk trends mixed; Oz miners underperform; alumina to weaken; nickel, zinc prices on the rise; steel decline to continue.

The Fed provided no further clues last night as to when the first rate hike might be. Dow up 31. (Accessible only for subscribers before 10:15 AEST)

Global stock markets appeared to shrug off Greece last night in a reversal of mood, ahead of tonight’s Fed statement. Dow up 113. (Accessible only for subscribers before 10:15 AEST)