The Fed Beige Book was laughed off last night as Wall Street posted another dull session. (Accessible only for subscribers before 10:15 AEST)
Gold stocks have been hot property in 2016 as the Fed’s enthusiasm for rate rises has waned. But where does that leave us now?
Weak data on the US services sector last night wiped out any last chance of a September Fed rate rise, Wall Street decided. Dow up 46. (Accessible only for subscribers before 10:15 AEST)
Small gold producer Medusa Mining is improving its operations at the Co-O gold mine in the Philippines and brokers welcome the better production outlook.
It was a typically quiet night in markets with the US on holiday. (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.
A shock drop into contraction for US manufacturing had Wall Street back playing the good news/bad news game last night. Dow up 18. (Accessible only for subscribers before 10:15 AEST)
Global markets are becoming increasingly shaky as the possibility of a Fed rate rise strengthens. Dow down 53. (Accessible only for subscribers before 10:15 AEST)
More hawkish commentary from the Fed vice chair and a bit of a tax issue for Apple saw Wall Street fall back again last night. Dow down 48. (Accessible only for subscribers before 10:15 AEST)
After making a significant loss in FY16, the outlook is improving for gold miner Perseus Mining brokers believe.