Coal and Steel

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

New Hope Coal reported a small profit in the first half after two consecutive halves of losses but broker sights are firmly on the thermal coal price.

Talk of dissent at the Fed and a push for an April rate hike helped to send commodity prices south last night. Dow down 79. (Accessible only for subscribers before 10:15 AEST)

Global financial markets are becoming increasingly inured to terror attacks. Dow down 41. (Accessible only for subscribers before 10:15 AEST)

As the dust settles on a fresh round of global central bank policy adjustments, stock markets are looking for the next driver. Dow up 21. (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.

As the greenback continued to fall post-Fed, Wall Street continued to rally. Dow up 155, to be positive for 2016. (Accessible only for subscribers before 10:15 AEST)

First they said four, but the market said two, so now they say two. Dow up 74. (Accessible only for subscribers before 10:15 AEST)

It was another low volume session on Wall Street ahead of tonight’s Fed statement although the Dow did recover from 100 point down to close up 22. (Accessible only for subscribers before 10:15 AEST)

Brokers unravel the prospects for resources in 2016, finding little in the way of supply/demand fundamentals to underpin the current rally.