Tonight’s EU summit already looks like being a stand-off, but it would not be advisable to go in short all the same. Dow up 92. (Accessible only for subscribers before 10:15 AEDT)
Wall Street stumbled along on local data news last night with the upcoming EU summit keeping traders poised. Dow up 32. (Accessible only for subscribers before 10:15 AEDT)
A glance through the latest expert views and predictions about commodities with updated price forecasts and resource company models, a view on China’s growth outlook and new gold stock coverage.
Ahead of the Herd’s Rick Mills suggests gold will remain in a bull market for as long as real interest rates are below inflation.
ATW’s Jerry Simmons sees possible support for US equities and oil, while suggesting caution for gold.
Spain has thrown in the towel and formally asked for a bail-out, joining Greece, Ireland and Portugal as the body count grows. Dow down 138. (Accessible only for subscribers before 10:15 AEDT)
Last week saw Australian brokers look at the state of defensives, return forecasts for Oz equities, the mining sector and tech stocks.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A sad and sorry 24 hours of global data and still no signs of the QE cavalry had investors fleeing the scene last night. Dow down 250. (Accessible only for subscribers before 10:15 AEDT)
Jonathan Barratt of Barratt’s Bulletin explains why he is buying gold.