Weakness on Wall Street last night was likely most attributable to it being the end of the month. Dow down 86. (Accessible only for subscribers before 10:15 AEST)
Heightened interest in lithium; more iron ore volumes arriving; macro economic environment positive for energy, utilities; looming price crunch for alumina?
Australian data dominated the past 24 hours with shuttered US and UK markets ensuring a quiet night. (Accessible only for subscribers before 10:15 AEST)
Questions abound regarding the path for oil & gas stocks. One thing brokers agree on is that volatility will continue.
Real demand improves in China; iron ore pressure; G7 on industrial over-capacity; BHP Billiton’s identity crisis; jump in nickel use; the AUD and Oz gold miners.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
After two strong sessions, Wall Street stalled to regroup last night. Dow down 23. (Accessible only for subscribers before 10:15 AEST)
Wall Street kicked on with it last night, although traders continue to point to short-covering rather than conviction buying. Dow up 145. (Accessible only for subscribers before 10:15 AEST)
A shift towards the “stay” vote and a surge in US home sales had buyers scrambling on Wall Street. Dow up 213. (Accessible only for subscribers before 10:15 AEST)
Wall Street has gone into quiet mode ahead of what June might bring. Dow down 8. (Accessible only for subscribers before 10:15 AEST)