Precious Metals

Wall Street posted another strong rally ahead of tonight’s Greek vote and some surprising data at home. Dow up 145.

A deal offered by French banks on Greek debt helped ease fears and turn Wall Street around last night. Dow up 108.

A glance through the latest expert views and predictions about commodities, with NAB’s latest update on commodity markets suggesting prices should find support this year but ease in 2012.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

The latest ATW broadcast was compiled ahead of the FOMC meeting but still offers technical insights into support zones, consolidation patterns and potential break-outs.

Chinese and European PMIs, US data, strategic oil reserve release, and then a new Greek austerity plan. From 234 points down, the Dow closed down only 59.

Barclays Capital has reviewed expectations for commodity markets, seeing diverse performance among the base metals but broadly positive performance for the precious metals.

A glance through the latest expert views and predictions about commodities with subdued outlooks evident for lead, nickel and uranium, still positive conditions for PGMs, some cracks emerging in China and why sector consolidation may increase.

Wall Street took a tumble in the last hour as Bernanke admitted US economic problems may not necessarily all be temporary. Dow down 80. (Locked for subscribers until 10:00 AEDT)

Never shy to make big market calls, US based market guru Dennis Gartman believes we will see more weakness in risk assets.