Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Will Greece move closer to exiting the euro tonight? Meanwhile, Wall Street sees mixed earnings reports and data. Dow up 20. (Accessible only for subscribers before 10:15 AEST)
Supply constraints in copper; nickel trough likely; Evolution Mining deal a sign of more M&A to come; and oil market themes.
A big jump in the iron ore price will excite the local market today after Wall Street rose on positive earnings results. Dow up 88. (Accessible only for subscribers before 10:15 AEST)
Wall Street turned away from Greece and China last night to concentrate on an uninspiring US earnings picture offset by more M&A activity. Dow down 85. (Accessible only for subscribers before 10:15 AEST)
Arrium’s March quarter iron ore production and sales were disappointing and brokers maintain the pressures will continue for some time yet.
Greece and China continue to dominate uncertain market sentiment as Wall Street swings wildly back. Dow up 208. (Accessible only for subscribers before 10:15 AEST)
Fortescue Metals has pulled out all stops to preserve cash flow in the face of sharp falls in iron ore but brokers are not confident the worst is over.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Is Wall Street finally sick of speculating on Fed policy? Several Fedheads turned dovish last night yet US stock markets closed flat. Dow down 6. (Accessible only for subscribers before 10:15 AEST)