Energy

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Brokers advise caution on picking gold stocks, while zinc and lead markets are tight, oil supply is expected to strengthen and China puts the pincers on fertiliser policy.

The failed bid for AWE by Senex Energy has both puzzled and opened up speculation among brokers.

US Fed policy a key feature for the 2014 commodities outlook but nickel, aluminium and gold are seen as subdued, while JP Morgan thinks US shale oil could still change the game in crude.

Weakness rules as traders set themselves up for December tapering, just in case. Dow down 129. (Accessible only for subscribers before 10:15 AEDST)

Brokers are split on whether Woodside is worth holding for its cash flows and dividends when the company’s growth profile is negligible.

Markets are split down the middle as to whether the Fed will announce tapering next week or later. Dow down 52. (Accessible only for subscribers before 10:15 AEDST)

Talk from Fedheads that tapering may start next week has not fazed a Wall Street now resigned to the inevitable. Dow up 5. (Accessible only for subscribers before 10:15 AEDST)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

A surprisingly strong GDP revision put tapering front and centre on Wall Street last night. Dow down 68.(Accessible only for subscribers before 10:15 AEDST)