Base Metals and Minerals

A step-up in coordinated US-EU sanctions against Russia with regard finance, arms and energy last night had Wall Street a little nervous. Dow down 70. (Accessible only for subscribers before 10:15 AEST)

This week’s pending GDP data, Fed meeting and jobs numbers are keeping Wall Street quiet for the moment. Dow up 22. (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.

US earnings are failing to excite so far and mixed global economic data contributed to a flat session on Wall Street last night. Dow down 2. (Accessible only for subscribers before 10:15 AEST)

BHP met, or exceeded, production expectations in FY14 and FY15 guidance is strong. Still, many brokers are a little more reserved than the company’s raw numbers suggest.

Speculation continues over Indonesia’s metal ore export ban as nickel exports grind to a halt. Iron ore supply pressure is mounting while aluminium markets tighten.

Wall Street decided that if those Ossies can hit a new high, so can the S&P, which did so last night despite the Dow closing down 26. (Accessible only for subscribers before 10:15 AEST)

Wall Street looked at new highs last night but failed to follow through. Dow up 61. (Accessible only for subscribers before 10:15 AEST)

Iron ore discounts, miner costs, small Oz resource stocks and the outlook for mineral sands, aluminium and nickel.

Acquiescence from the Russian separatists prevented Wall Street from a sharp fall last night as nervousness continues over Ukraine tensions. Dow down 48. (Accessible only for subscribers before 10:15 AEST)