Cisco Systems’ biggest share price drop in sixteen years dragged Wall Street lower as the Irish debt cauldron continues to bubble. Dow down 73.
A glance through the latest expert views and predictions about commodities with recent data positive for stronger oil and agricultural commodity prices and signs global coal markets remain tight.
Westpac has attempted an extensive global and local economic forecasting exercise out to 2020 with somewhat of a roller coaster implied.
Wall Street reversed a sharp opening loss in lockstep with a reversing US dollar last night ahead of the G20. Dow up 9.
A glance through the latest expert views and predictions about commodities with potential impacts from commodity index fund re-weightings, Citi looking at how miners will use excess cash and UBS suggesting iron ore could stay stronger for longer.
A late notice from the CME that metals margins would be increased turned gold and silver around big time last night. Dow down 60.
The press seems convinced someone, probably BHP, will now bid for Woodside following the Shell sell-down but not all analysts agree.
A glance through the latest expert views and predictions about commodities with both Macquarie and RBS Australia lifting resource exposure in model portfolios, Citi revising its coal estimates and reasons why copper, gold and aluminium could find support.
ATW’s Jerry Simmons explains why the Dow could be on its way to 12,000 and beyond.
Renewed European debt fears gained momentum last night sending gold through US$1400 and the Dow down 37.