The outlook for energy, industrial metals and bulk commodities; platinum and Volkswagen; China’s grain imports.
It was Death Crosses aplenty on Wall Street last night as the technicians stir the market into assuming the August lows must be retested. Dow down 312. (Accessible only for subscribers before 10:15 AEST)
Iron ore prices have stabilised and even rallied a little. Is it time to become more bullish? Several brokers assess the prospects.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Caterpillar sent a scare through Wall Street last night by slashing its revenue forecast and announcing extensive lay-offs. Dow down 78. (Accessible only for subscribers before 10:15 AEST)
Yesterday’s weak Chinese data did not have as much impact on US/European markets last night as was the case in Asia yesterday. Dow down 50. (Accessible only for subscribers before 10:15 AEST)
Heightened fears surrounding China’s slowdown saw copper give way last night, while VW’s recall has sparked a new source of fear. Dow down 179. (Accessible only for subscribers before 10:15 AEST)
A rally back on Wall Street confirms post-Fed reaction is not about enlivened China fears. Dow up 125. (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.
No rate rise. No clarity. Dow down 65. (Accessible only for subscribers before 10:15 AEST)