The S&P 500 is now only two points short of its all-time high. Is tonight the night? Dow up 83. (Accessible only for subscribers before 10:15 AEDST)
The Dow yet again fell early and grafted back, to post its longest winning streak since 1996 with another 5 point gain. (Accessible only for subscribers before 10:15 AEDST)
Cost cutting, improved efficiencies and asset sales are the goals of the three big Australian miners BHP, Rio and Fortescue. Analysts suggests subsequent re-ratings are on the cards.
The Dow recovered from earlier falls to close another 2 points into blue sky last night as the sellers failed to gain any traction. (Accessible only for subscribers before 10:15 AEDST)
Analysts believe iron ore prices may ease, a bit, while Chinese steel production stays firm. Alumina’s price drop is delayed while lead is a buying opportunity.
The Dow continues into blue sky, but the focus is now on the more indicative S&P 500 as it approaches its peak. Dow up 50. (Accessible only for subscribers before 10:15 AEDST)
Mining Investment is a crucial component of the Australian economy and analysts from NAB see it falling off a cliff.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Labour shortages make life hard for miners. Iron ore volatility returns, zircon prices should rebound and an oil price dip likely shortlived.
No monetary policy changes have been forthcoming from any of Japan, the eurozone or UK. Dow up 33. (Accessible only for subscribers before 10:15 AEDST)