Base Metals and Minerals

Analyst expectations for prices over the next year across the base metals complex rest largely on fundamentals.

Respectable Chinese GDP, solid US earnings, more ECB stimulus, oil price stability, and easing of Ebola fears – whatever were we worried about? Dow up 215. (Accessible only for subscribers before 10:15 AEST)

The ECB has begun buying covered bonds in member countries while mixed earnings results on Wall Street affected mixed index moves. Dow up 19. (Accessible only for subscribers before 10:15 AEST)

Western Areas impressed brokers on several fronts with its September quarter production numbers and many expect guidance to be upgraded soon.

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

Wall Street recovered from another 200 point Dow fall to close square last night, prompting questions of whether 10% sees the correction completed. Dow down 24. (Accessible only for subscribers before 10:15 AEST)

Weak US data sparked a stunning capitulation in US bonds and Ebola helped the Dow to a 460 point drop before markets swung back violently in the afternoon. Dow down 173. (Accessible only for subscribers before 10:15 AEST)

OZ Minerals’ production outlook improved in the September, allaying some concerns and prompting several broker upgrades.

Big drops in oil prices overnight restrained an attempted rally on Wall Street as US bond yields hit a new 16-month low. Dow down 5. (Accessible only for subscribers before 10:15 AEST)

Poseidon Nickel has raised its profile as an emerging producer with two significant new assets to complement its Windarra project.