Greece made an eleventh hour payment to the IMF last night but markets remained more focused on US jobs and earnings. Dow up 56. (Accessible only for subscribers before 10:15 AEST)
Shell has shaken up the local oil & gas market with its opportunistic takeover offer for BG. With both companies holding interests in Australia, what does this mean for other listed energy stocks?
US oil rig activity; Macquarie’s visit to China; thermal coal settlements; tough going for iron ore producers.
After many years there is a possibility that the sanctions on Iran’s oil exports will be lifted. Brokers mull what this means for the global oil market.
The FOMC is at odds about when the first Fed rate rise might be. In other words, the Fed has no idea. Dow up 27. (Accessible only for subscribers before 10:15 AEST)
Iron ore glut continues; China reduces coal production; copper surplus; oil threat remote; and platinum group price reductions.
The start of the US earnings season tonight had Wall Street playing it cautiously last night. Dow down 5. (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.
Wall Street struggled with weak economic data last night, meanwhile iron ore has how fallen below US$50. Dow down 77. (Accessible only for subscribers before 10:15 AEST)
A new household level gas unit, soon to hit the market, would appease farmers and counter rising east coast gas prices.