ATW’s Jeremy Simmons offers his latest insights for AUD/USD, as well as for crude oil.
A glance through the latest expert views and predictions about commodities, with October’s price gains expected to continue, reasons copper can continue to run and Credit Suisse’s order of preference among Oz iron ore and steel plays.
One broker has been quick to move on QE2-based commodity prices changes and subsequent earnings forecast changes for BHP, Rio, Alumina and Iluka.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Canada’s initial knock-back of BHP’s Potash bid has been met with relief by the market, but is the market wrong to now assume a buyback ahead?
Forget “sell the fact”. Are stock and commodities markets now in a win-win situation? Big jumps last night including 220 points in the Dow would tend to suggest so. (Locked for subscribers until 10:00 AEDST)
Well at least the QE2 revelation, which was sufficiently in line with expectation, is now behind us. Dow up 26, Aussie now worth more than the greenback.
Anticipation of a Republican landslide along with QE2 comfort pushed stocks higher and the US dollar lower last night. Dow up 64.
The Dow was both up 125 and down 55 last night before closing flat as the buyers and sellers battled it out ahead of this week’s major events. Dow up 6.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.