Iron ore supply/demand diverges, thermal coal gets some support and a conundrum in copper. Zircon, titanium dioxide pricing still soft.
Selling on Wall Street accelerated last night ahead of the upcoming jobs numbers and their monetary policy implications. Dow down 94. (Accessible only for subscribers before 10:15 AEDST)
Both Wall Street and Bridge Street appear to be shifting into profit-taking mode after a positive year. Dow down 77. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
With US markets shut for Thanksgiving, global markets remained subdued last night. (Accessible only for subscribers before 10:15 AEDST)
Global economic growth is likely to be driven by developed markets next year. Analysts sum up the outlook for industrial metals, coal and fertilisers as subdued.
Wall Street ended a quiet session slightly higher ahead of tonight’s holiday. Dow up 23. (Accessible only for subscribers before 10:15 AEDST)
Late selling took Wall Street back to square last night although the Nasdaq did finally breach 4000. Dow flat. (Accessible only for subscribers before 10:15 AEDST)
The Nasdaq briefly hit 4000 last night until profit-taking set in, likely reflecting squaring up before the Thanksgiving break. Dow up 7. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.