Precious Metals

The Aussie broke out of its trading range and leapt 2% to over 80 last night as Wall Street awaits the Fed statement tonight. Dow up 72. (Accessible only for subscribers before 10:15 AEST)

The iron ore rebound has given global materials stocks a new lease of life although a sell-off in biotech spoiled the party for Wall Street last night. Dow down 42. (Accessible only for subscribers before 10:15 AEST)

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

Will Greece move closer to exiting the euro tonight? Meanwhile, Wall Street sees mixed earnings reports and data. Dow up 20. (Accessible only for subscribers before 10:15 AEST)

In acquiring La Mancha’s Western Australian assets, Evolution Mining has moved up the ranks of Australian gold producers.

A big jump in the iron ore price will excite the local market today after Wall Street rose on positive earnings results. Dow up 88. (Accessible only for subscribers before 10:15 AEST)

Wall Street turned away from Greece and China last night to concentrate on an uninspiring US earnings picture offset by more M&A activity. Dow down 85. (Accessible only for subscribers before 10:15 AEST)

OZ Minerals is generating solid cash and will lift dividends but will also become more aggressive on acquisitions in order to replace absent growth. Brokers are cautious.

Greece and China continue to dominate uncertain market sentiment as Wall Street swings wildly back. Dow up 208. (Accessible only for subscribers before 10:15 AEST)

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