Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Greece made an eleventh hour payment to the IMF last night but markets remained more focused on US jobs and earnings. Dow up 56. (Accessible only for subscribers before 10:15 AEST)
The FOMC is at odds about when the first Fed rate rise might be. In other words, the Fed has no idea. Dow up 27. (Accessible only for subscribers before 10:15 AEST)
PanAust has pre-released some solid production numbers but brokers wonder how effective this will be in enticing a higher bid from GRAM.
Iron ore glut continues; China reduces coal production; copper surplus; oil threat remote; and platinum group price reductions.
The start of the US earnings season tonight had Wall Street playing it cautiously last night. Dow down 5. (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 struggled with weak economic data last night, meanwhile iron ore has how fallen below US$50. Dow down 77. (Accessible only for subscribers before 10:15 AEST)
Last night’s drop on Wall Street assured a flat close for the major US indices for the March quarter. Dow down 200. (Accessible only for subscribers before 10:15 AEST)
Yemen and oil supply; palladium fails to resume strength; rain in the Atacama Desert disrupts copper production.