A site tour of the GLNG project has prompted analysts to call Santos undervalued by a sceptical market.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Fed talk, weak Chinese data and a big sell-off in Japan have all made for a wild 24 hours on stock markets. Dow down 12. (Accessible only for subscribers before 10:15 AEST)
Wall Street was confused last night by Bernanke’s comments and the Fed minutes, but it appears a big sell order hit the market regardless. Dow down 80. (Accessible only for subscribers before 10:15 AEST)
The Fed doves were again vocal last night, confirming QE can just as easily be increased as decreased in the near term. Dow up 52. (Accessible only for subscribers before 10:15 AEST)
AWE has received a timely upgrade to reserves at Ande Ande Lumut as the company engages in a process to sell a stake in the field.
This week’s Fed comments have begun from the dovish side of the aisle, sending the US dollar down and forcing a short-covering scramble in gold. Dow down 19. (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.
A strong read on Japan’s GDP was nervously welcomed, while more weak US data rolled out amidst endless QE exit talk. (Accessible only for subscribers before 10:15 AEST)
Fed exit? Not on last night’s US data. The longer the Fed stays, the more Wall Street rallies. Dow up 60. (Accessible only for subscribers before 10:15 AEST)