Iron Ore

Price outlook for coal; iron ore consumption; China’s steelmaking restructure; impact of Philippines nickel supply cuts; aluminium demand; Canaccord Genuity upgrades Galaxy Resources.

Another triple index record high was posted last night as Wall Street continues to find little reason to sell. Dow up 59. (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.

The Saudis are now talking the talk yet again on production cuts, sending oil up 4%. Dow up 117. (Accessible only for subscribers before 10:15 AEST)

Record Saudi production led to a 3% drop in the oil price last night and some mild pressure on Wall Street. Dow down 37. (Accessible only for subscribers before 10:15 AEST)

It was another summer-dull session on Wall Street last night, but still there seems no interest in the downside. Dow up 3. (Accessible only for subscribers before 10:15 AEST)

Wall Street fell back into the doldrums last night following Friday night’s jobs-based rally. Dow down 14. (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 closed flat ahead of tonight’s jobs report despite a substantial stimulus package from the Bank of England. Dow down 2. (Accessible only for subscribers before 10:15 AEST)

Rio Tinto delivered a first half result which was broadly in line, retaining a strict discipline on costs and a value-over-volume strategy.