When will the Fed raise rates? It doesn’t know either. Dow up 78. (Accessible only for subscribers before 10:15 AEST)
Wall Street continued its momentum pullback last night as the first earnings results loomed. Dow down 117. (Accessible only for subscribers before 10:15 AEST)
Wall Street paused last night following last week’s strong jobs number but tonight attention turns to the June quarter earnings season. Dow down 44. (Accessible only for subscribers before 10:15 AEST)
Chinese steel, cement, copper, aluminium and iron ore prices all look subdued. Iraq is a swing factor for oil while gold’s recent rally looks to be stalling.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Analysts have returned from a site tour of Santos’ GLNG plant and taken on board Woodside’s US gas purchase deal with mixed emotions, as the race to LNG riches hots up.
The Chartist reports Santos has completed a typical consolidation of its break-out and should now offer further upside.
A solid ADP jobs number gave Wall Street pause for thought last night following a sharp jump in bond yields. Dow up 20. (Accessible only for subscribers before 10:15 AEST)
Wall Street marked new all-time highs again last night, simply as an opening gambit for the new quarter. Dow up 129. (Accessible only for subscribers before 10:15 AEST)
Wall Street whimpered its way to quarter end last night on mixed moves, while commodities received a kick. Dow down 25. (Accessible only for subscribers before 10:15 AEST)