The US has taken the first step towards LNG export; Shell is set to introduce floating LNG off WA; Woodside might have found the gas it needs for Pluto 2.
European debt fears, Chinese slowing, weakening US data, and a volcano in Iceland. Haven’t we seen this movie before? Dow down 130. (Locked for subscribers until 10:00 AEDT)
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 Macquarie adjusting commodity price forecasts, April steel Data for Australia coming in mixed and Goldman Sachs adjusting preferences among the big Oz energy stocks.
The sensational listing of LinkedIn stole the limelight from weak US economic data last night. Dow up 45.
A strong session overnight for stocks and commodities must be taken in the context of accurate interpretation of the Fed minutes. Dow up 80.
Another broker has initiated coverage of clean energy developer Silex Systems, setting a price target for significant upside.
Market analysts at FXCM suggest the technical objective for crude oil prices remains below US$90 per barrel.
A glance through the latest expert views and predictions about commodities with analysts seeing the recent commodity sell-off as a correction and suggestions for playing the sector at present.
The Dow recovered from 170 points down last night to close only 68 points down, while the S&P 500 closed flat. (Locked for subscribers until 10:00 AEDT)