Iron Ore

Goldman Sachs sees iron ore pushing higher over the 2H, while Macquarie sees little upside for aluminium and UBS is predicting some supply side consolidation.

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

It was not a good day for Fortescue to downgrade production but the rest of the update was actually good news.

Wall Street tumbled, commodities crashed and gold bade farewell as the world responded in earnest to Fed tapering, and problems in China. Dow down 353. (Accessible only for subscribers before 10:15 AEST)

If the trend of US recovery continues, the Fed will start to taper later this year and cease QE mid-2014. Dow down 206. (Accessible only for subscribers before 10:15 AEST)

A review of the global outlook for global mining capex, prospect for domestic iron ore play, the US scrap market and a post mining boom outlook.

Wall Street has decided Ben Bernanke will do the right thing tonight, whatever that is. Dow up 138. (Accessible only for subscribers before 10:15 AEST)

Another rally on Wall Street was interrupted last night by a misinterpreted FT article as the great taper debate stumbles tediously on. Dow up 109. (Accessible only for subscribers before 10:15 AEST)

Chinese growth remains key to BHP, the coal market is not shipshape and some fertiliser products are more resilient than others.

The mood inside China remains cautious, although analysts at ANZ expect solid steel output to provide some support for iron ore prices.