Has iron ore peaked?; bearish agricultural prices; supply overhang in molybdenum; plentiful cobalt; zinc & lead price correction has further to run.
Wall Street shrugged at the release of the Fed minutes last night as the euro continued its slide. Dow down 26. (Accessible only for subscribers before 10:15 AEST)
South32 has commenced trading on ASX and several brokers line up to analyse the outlook for the new resources company.
The ongoing US dollar rebound sent commodity prices crashing last night as the Dow scraped to another new high, up 13 points. (Accessible only for subscribers before 10:15 AEST)
Copper outlook strengthens; iron ore outlook weak; depressed manganese prices; a lack of pricing power for steel.
The S&P cracked its third new high in a row but the Dow also caught up last night to mark its first new high since March, up 26 points. (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.
Last night’s close above 2120 for the S&P500 may signal a break-out of its entrenched range. Dow up 191. (Accessible only for subscribers before 10:15 AEST)
Australia may be domestically focused this week but weak data has been the story across the globe this past 24 hours. Dow down 7. (Accessible only for subscribers before 10:15 AEST)
Citi hails Carrapateena and Frieda River projects; few signs of tin recovery; no tailwinds for crude; more supply rationing needed in iron ore.