BHP’s Olympic Dam resource is big, that’s for sure. But is it too big? What’s ahead for the Big Australian?
The Fed minutes revealed a circumspect FOMC and provided Wall Street with little succour. Dow down 48. (Accessible only for subscribers before 10:15 AEDT)
Currencies are being deliberately devalued across the globe, yet gold seems to be wallowing. Why? Some argue price deflation is offsetting monetary inflation, but this is far from the case if one looks at recent commodity price trends.
The US earnings season has begun in earnest with a series of profit warnings that turned Wall Street around in a hurry last night. Dow down 83. (Accessible only for subscribers before 10:15 AEDT)
A glance through the latest expert views and predictions about commodities, with changes to forecasts for metals and oil, platinum, aluminium and coal updates and China’s new export markets.
Alcoa’s earnings report last night heralded the start of the US June quarter earnings season, which will hopefully prove a distraction from Europe, Europe and more Europe. Dow down 34. (Accessible only for subscribers before 10:15 AEDT)
Weekly update on recommendation, target price, and earnings forecast changes.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Market analysts at FXCM see enough reasons to remain cautious on risk assets and positive on the USD.
Three major economies have announced policy easing over 24 hours, but the world has been left a little more depressed than stimulated. Dow down 46. (Accessible only for subscribers before 10:15 AEDT)