Energy

As the world takes stock of the tragedy in Japan, attention turns to which stocks and commodities will be impacted either negatively or positively. Dow down 51.

Analysts are not expecting any substantial impact on the Japanese economy from the earthquake, but demand for oil and LNG may jump in response to lost nuclear power.

Morgan Stanley has assessed the recent gains in oil prices and suggests the most likely outcome is little impact on US economic growth expectations.

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 silver gaining relative to gold given weaker demand for the latter, a review of uranium and updates on Asian auto sales and cocoa.

It started with weak Chinese trade data, and accelerated with a rating downgrade for Spain and news of shots being fired in Saudi Arabia. Dow down 228.

ERM Power delivered a solid interim result and Macquarie’s subsequent meeting with management has confirmed the broker’s positive view.

Wall Street was flat last night on a weaker WTI while elsewhere Brent soared, copper tanked and stocks were sold. Dow down one point.

A continuously weakening share price indicates the market is worried about the future of Geodynamics.

Gaddafi ready to talk? It’s enough to see a fall in oil and thus, again, a refocus from Wall Street on what’s happening at home. Today at least. Dow up 124.