Anticipation of wide-scale central bank easing has sent investors flocking back into gold ETFs as volumes return to March-end record levels.
With the US closed and an ECB meeting due tonight, global markets took a breather overnight. (Accessible only for subscribers before 10:15 AEDT)
A glance through the latest expert views and predictions about commodities with updates on the nickel, zinc, coal and oil markets and some revisions to forecasts and stock ratings.
The latest views, updates and developments as amalgamated by Bullionvault’s Ben Traynor.
A surprise jump in factory orders had Wall Street in a feel-good mood ahead of tonight’s Fourth of July holiday. Dow up 72. (Accessible only for subscribers before 10:15 AEDT)
Weak US manufacturing data took the shine off the earlier EU summit rally last night, although it does bode well for QE3. Dow down 8. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A glance through the latest expert views and predictions about commodities with revisions to commodity price forecasts and updates on PGM, bulks, gold and base metal markets.
Wall Street didn’t like that Obamacare was upheld and couldn’t see any progress in Brussels until a late report turned around an otherwise steep loss. Dow down 24. (Accessible only for subscribers before 10:15 AEDT)
DJ Carmichael has initiated coverage on Alcyone Resources with a Spec Buy, attracted to the emerging silver producer for its leverage to silver prices and exploration upside.