Global markets have steadied but tension remains as China’s shadow banking system feels the heat and Crimea moves towards its referendum. Dow down 11. (Accessible only for subscribers before 10:15 AEDST)
A capital raising is looming for Lynas and brokers find this damaging to confidence.
Metals prices continued to tumble last night as the wider implications of China’s data and policy reverberate around the globe. Dow down 67. (Accessible only for subscribers before 10:15 AEDST)
Michael Gable of Fairmont Equities looks at the technical signals apparent for Iluka Resources.
Australia’s two big diversified miners are pumping out cash and reducing debt, suggesting capital management through buybacks or special dividends is now on the near term agenda, according to brokers.
The iron ore price has plunged since yesterday while Wall Street still managed to mostly shrug off the Chinese data. Dow down 34. (Accessible only for subscribers before 10:15 AEDST)
Platinum potential, gold demand and 2014 commodity preferences in the face of plateauing Chinese demand.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street has the excuses lined up ahead of tonight’s jobs report. Dow up 61. (Accessible only for subscribers before 10:15 AEDST)
More weak US data rolled in last night to be quickly dismissed. Dow down 35. (Accessible only for subscribers before 10:15 AEDST)