WTI has crashed under US$40/bbl following energy sector selling in Australia yesterday and prompting energy sector selling on Wall Street last night. Dow down 117. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
QE extended, but not by the quantum the market was anticipating. US dollar tanks. Dow down 252. (Accessible only for subscribers before 10:15 AEST)
Oil and iron ore prices threatened to each breach US$40 last night as a mass shooting in California set US markets on edge. Dow down 158. (Accessible only for subscribers before 10:15 AEST)
It’s December – time to buy. Dow up 168. (Accessible only for subscribers before 10:15 AEST)
Global markets are nervously looking for any further signs of weakness in China’s market and economic data as Wall Street awaits this week’s jobs numbers. Dow down 78. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street was closed overnight but metals prices staged another rally. (Accessible only for subscribers before 10:15 AEST)
South32 is expecting weak commodity prices will prevail for at least two more years, instigating a review of loss-making assets while making the most of its best performers.
Activity on Wall Street ground to a halt last night ahead of the holiday. Dow up one point. (Accessible only for subscribers before 10:15 AEST)