Energy

Danske Bank sees commodity prices improving this quarter, but believes it will be a long time before they can catch back up with equities.

An assumed terrorist attack at the Boston Marathon occurred late in a session, which was already very weak on Wall Street due to China. Gold has collapsed. Dow down 265. (Accessible only for subscribers before 10:15 AEST)

Oz coal juniors are underperforming and coal prices are under pressure. Oil prices tighten as tensions increase while Chile is losing competitiveness in copper.

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

Wall Street really couldn’t find any reason to sell last night. Dow up 62. (Accessible only for subscribers before 10:15 AEST)

The Chartist suggests the sudden bounce in BHP Billiton is yet to prove technically convincing.

If you break it down, last night’s rally on Wall Street was all about that weak jobs number last week. Dow up 128. (Accessible only for subscribers before 10:15 AEST)

Traders suspect money is flowing out of Japan and into securities, including equities, in the US and Australia. Dow up 59. (Accessible only for subscribers before 10:15 AEST)

Wall Street was back in rally mode last night, as if Friday’s weak jobs number never happened. Dow up 48. (Accessible only for subscribers before 10:15 AEST)

This week ATW’s Jerry Simmons suggests WTI is reaching a critical point at which a break-out either way would be significant. The S&P 500 needs to hold 1520.