Energy

The US dollar accelerated its fall last night as Wall Street decided to bank profits on commodity names. The Dow fell 200.

Economists at the World Bank are dominating global headlines today. No surprise since they called the immediate end of the Commodities Super-cycle.

Auto industry bail-out bickering dominated Wall Street last night as the US dollar slipped and commodities rose. The Dow added 70.

Everything that went up on Monday gave back some last night following weak corporate guidances. The Dow fell 242.

Obama’s infrastructure package and a plan to assist the auto industry provided further impetus for market confidence last night, turning commodity prices on their heels and sending the Dow up 300.

A much worse than expected jobs number was the catalyst for a 260 point rally in the Dow.

There was more slashing going on across the globe last night than a B-grade movie as central banks took the axe to rates and global companies took the axe to their workforces. The Dow fell 215.

How does the future now look for Australia’s promising LNG market?

The Dow wobbled its way to up 170 as Wall Street tired of more depressing economic data.

After Monday’s big fall the Dow returned to post a 270 point rally to make six up-days out of seven. (Locked for subscribers until 10:00 AEDT)