President Obama took his Chevvy to the levee and found it full last night as Ireland capitulated and GM fever swept America. Dow up 173.
It was a flat day on Wall Street after Tuesday’s fall as an Irish solution moved closer to reality. Dow down 15.
The correction on Wall Street accelerated last night with a drop in China and more Irish angst sufficient excuse to cash in risk trades. Commodities cop a shellacking, Dow down 178.
A glance through the latest expert views and predictions about commodities with arguments in favour of further gains in base metals and thermal coal, plus more.
A glance through the latest expert views and predictions about commodities, with reasons for optimism with respect to commodity prices but some cause for caution on silver.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Cisco Systems’ biggest share price drop in sixteen years dragged Wall Street lower as the Irish debt cauldron continues to bubble. Dow down 73.
A glance through the latest expert views and predictions about commodities with recent data positive for stronger oil and agricultural commodity prices and signs global coal markets remain tight.
China’s October CPI jump was the stand-out number amongst an otherwise relatively benign set of monthly data.
Westpac has attempted an extensive global and local economic forecasting exercise out to 2020 with somewhat of a roller coaster implied.