Michael Gable of Fairmont Equities notes Woodside Petroleum would offer solid upside if it does not breach its support level.
Unrest in Hong Kong and implications for Chinese growth are the latest geopolitical considerations in an increasingly crowded global equation. (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.
Strong economic data in the US and weak sentiment in Europe last night underscored the growing imbalance across the Atlantic. Dow up 154. (Accessible only for subscribers before 10:15 AEST)
Oil prices may soon find a floor, while the outlook for global LNG prices remains unclear. One thing is certain however. Australians will shortly be paying substantially more for their gas.
Economic data from across the globe were mixed over the past 24 hours but Wall Street looks like it wants to pull back anyway. Dow down 116. (Accessible only for subscribers before 10:15 AEST)
Beijing’s dismissal of stimulus talk has reverberated around global markets over the past 24 hours. Dow down 107. (Accessible only for subscribers before 10:15 AEST)
Australia’s oil stocks slump as price eases; China’s thermal coal restrictions create uncertainties; broad sell off in metals; and gold finds consumer support.
Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea in Woodside shares.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.