Precious Metals

Commonwealth Bank expects the Australian economy will deliver near-trend growth in 2010, better than the sub-trend performance expected for the global economy as a whole.

Mixed economic data failed to excite an otherwise disinterested Wall Street last night. Dow unchanged.

The S&P marked a new high last night as a positive home sale number spurred on buyers in a thin market. Dow up 50.

A surge in M&A activity and broker upgrades sent Wall Street higher last night despite a stronger greenback. Dow up 85.

Despite recent weakness it has been a banner year for gold, but is the metal’s shine wearing off?

Given potentially the most resource intensive recovery since the 1970s, UBS remains positive on the outlook for commodity prices in 2010 and beyond.

Quadruple witching brought the volume and an Iranian incursion into Iraq provided some concern, but we ended up back where we started. Dow up 20.

A 1% jump in the US dollar index sent stocks tumbling across the board last night, as Greece scored another downgrade. Dow down 132.

The Fed restated its unchanged quant easing exit dates last night in order to quell speculation. Dow down 10.

A big jump in the PPI sent dollar shorts scurrying to cover last night, while other data were mixed. Dow down 49.