Energy

While global oil market fundamentals remain solid global economic growth is the big threat to demand and oil prices, with brokers revising estimates and preferred exposures to account for new forecasts.

Late positive news from Europe turned a 250 Dow fall into a 153 point rally on the close.

BArclays Capital has analysed seasonal trends for Otober and notes equities tend to deliver positive performance but the US dollar and commodities find the going tougher.

Global stock market weakness continued last night on the back of Greece’s inability to meet its deficit reduction targets. Dow down 258.

Weekly update on recommendation, target price, and earnings forecast changes.

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

A glance through the latest expert views and predictions about commodities with supply side issues still important for copper, why oil prices should range trade and updates on the outlook for Australian engineering and contracting companies.

The Dow gave up a 261 point to finish up 143, having been negative in between.

Market analysts at FXCM suggest the US dollar is ready to resume its upswing after completing a short downward correction.

A lack of news in Europe focused attention on the new low made in the Chinese market as the copper price slips away. Dow down 179.