Coal and Steel

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

Thermal coal deficit looms; output freeze in oil?; central banks and gold; Moody’s puts major banks on negative outlook.

Wall Street was quiet last night ahead of Janet Yellen’s speech. Dow down 33. (Accessible only for subscribers before 10:15 AEST)

Wall Street slipped back thanks to oil and healthcare last night but volumes and volatility remain low. Dow down 65. (Accessible only for subscribers before 10:15 AEST)

Brokers welcome BlueScope Steel’s FY17 outlook after a strong operating performance in FY16, with earnings momentum supported by steel prices for now.

It looks like we’re in for a dull week on Wall Street as the market awaits Yellen’s speech at week’s end at Jackson Hole. Dow down 23. (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.

Brent surged through the 50 mark last night to provide support for a US market still in lacklustre mode. Dow up 23. (Accessible only for subscribers before 10:15 AEST)

Half the FOMC is keen to raise rates but the doves still hold sway and the data remain the driver. Dow up 21. (Accessible only for subscribers before 10:15 AEST)

Fed rate hike speculation returned to Wall Street as night as one Fedhead suggested September is possible. Dow down 84. (Accessible only for subscribers before 10:15 AEST)