Base Metals and Minerals

Wall Street stalled and commodity prices drifted back last night in the hangover after Friday’s rate cut announcement. Dow up 7. (Accessible only for subscribers before 10:15 AEST)

Challenges persist for Australia’s miners as a surge in production confronts weak prices and soft global demand.

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

A round of global estimates of November PMIs caught economists by surprise last night as weakness abounded. Dow up 33. (Accessible only for subscribers before 10:15 AEST)

It’s not often Wall Street posts no net reaction to the latest Fed minutes. Meanwhile, iron ore has been hit again. (Accessible only for subscribers before 10:15 AEST)

Implications of US/China emmissions agreement; Glencore’s plan to shut Oz coal mines over Xmas; China’s pollution and iron ore; and nickel’s boom crash opera.

Wall Street posted a slightly more positive session last night but a three dollar plunge in the iron ore price will cloud the local market today. (Accessible only for subscribers before 10:15 AEST)

Japan has shocked markets by falling into recession but Wall Street continues to take life in its stride. Dow up 13. (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.

Oil prices crashed 3% last night as the Saudis continued to confuse markets over just what their production intentions might be. Dow up 40. (Accessible only for subscribers before 10:15 AEST)