Oz Minerals reported better than expected gold output and solid copper numbers for the June quarter but analysts are questioning where growth will come from in coming years.
Gold is in a correction and it aint going to be over anytime soon, says the TechWizard.
Goldman Sachs believes you should now buy shares. PFP Wealth’s Tim Price believes you will lose money if you do.
Wall Street bungled its way to a gain last night but after-the-bell earnings from IBM disappointed, putting pressure on tonight’s trade. Dow up 56.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Late news from both BP and Goldman Sachs turned Wall Street around from economic data weakness last night. Dow down 7.
The week-long rally found some profit-takers last night as the Fed poured cold water on recovery enthusiasm. Dow up 3. (Locked for subscribers until 10:00 AEST)
A glance through the latest expert views and predictions about commodities with Barclays still bullish on tin, steel’s outlook improving and who may deliver a quarterly production report surprise among Oz resource plays.
Wall Street surged higher once more in the wake of positive initial earnings. Intel’s post-market result suggests a seventh consecutive rally tonight. Dow up 146.
A glance through the latest expert views and predictions about commodities, as Chinese copper import data disappointed and JP Morgan revised commodity price expectations.