Iron Ore

Wall Street seems finally woken up to the fact the Fed chairman has been playing the same tune for months. Dow up 18. (Accessible only for subscribers before 10:15 AEST)

Analysts have reduced commodity price forecasts over the next few years – across the board.

All went a bit quiet last night as the world awaits the Fed chairman’s testimony to Congress, beginning tonight. Dow down 32. (Accessible only for subscribers before 10:15 AEST)

A benign Chinese GDP, more solid earnings results and mixed economic data were enough to see Wall Street graft further ahead. Dow up 19. (Accessible only for subscribers before 10:15 AEST)

Brokers preview the upcoming June quarter production reports from the resources sector.

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

Analysts ponder the outlook for metal prices in the September quarter with a closer look at palladium and zinc and there’s upside for Indonesian wheat imports.

Wall Street hit blue sky once more last night as new all-time highs in the S&P and Dow signalled the end of the tapering fear pullback. Dow up 169. (Accessible only for subscribers before 10:15 AEST)

The Chartist is not yet convinced the Australian materials sector has reversed its downward trend.

Forget the minutes, Bernanke is not ready to start tapering, it would appear. Wall Street flat on close, but up in the after-market. (Accessible only for subscribers before 10:15 AEST)