Energy

Not too negative data had Wall Street on the fly on thin volume last night with metal prices following suit. Dow up 208.

Barclays notes seasonal trends are positive for Australian equities and oil prices in August, but the Australian dollar tends to find the going a bit tougher.

Neither the buyers or the sellers can gain the upper hand in this market as a rollercoaster ride ends with the Dow down 30.

Having stalled on Tuesday, Wall Street could only drift off last night with little positive impetus ahead of Friday’s GDP release. Dow down 39. (Locked for subscribers until 10:00 AEST)

A glance through the latest expert views and predictions about commodities with a Reuters survey showing analysts rmeain positive on metal prices for 2011, Oz producers the big winners in iron ore and updates on energy markets both in Australia and the US.

Commodity Indices are posting bearish signals, and so is crude oil, but the TechWizard sees favourable signs for US equities.

Mixed earnings reports and economic data left Wall Street poised at a point of indecision last night. Dow up 12. (Locked for subscribers until 10:00 AEST)

Following recent exploration disappointment, Woodside’s plan for a second LNG train at Pluto is running out of time. Browse and Sunrise are further away still. Can Woodside deliver on its potential?

Strong guidance from FedEx and better than expected data have taken Wall Street to a critical technical level. Dow up 100.

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