Implications from Oz housing boom; gaming in Hong Kong/Macau; accounting changes in retail; Nine & Southern Cross; weak outlook for fertilisers; QCLNG a benchmark.
Wall Street joined the rest of the world in a general sell-down last night as the Aussie also retreated. Dow down 195. (Accessible only for subscribers before 10:15 AEST)
Long-held assumptions have been put to the test as big moves in stock and currency markets over the past 24 hours reflect a weaker US economy. Dow down 74. (Accessible only for subscribers before 10:15 AEST)
Beach Energy will renew its focus on Australian conventional assets and brokers contemplate where the strategic review may be heading.
Oil production decline in US; China’s thermal coal exports; copper supply diversifies; gold under pressure; platinum demand lacklustre.
The Aussie broke out of its trading range and leapt 2% to over 80 last night as Wall Street awaits the Fed statement tonight. Dow up 72. (Accessible only for subscribers before 10:15 AEST)
The iron ore rebound has given global materials stocks a new lease of life although a sell-off in biotech spoiled the party for Wall Street last night. Dow down 42. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Will Greece move closer to exiting the euro tonight? Meanwhile, Wall Street sees mixed earnings reports and data. Dow up 20. (Accessible only for subscribers before 10:15 AEST)
Supply constraints in copper; nickel trough likely; Evolution Mining deal a sign of more M&A to come; and oil market themes.