Wall Street fell early but recovered to await tonight’s first testimony from the new Fed chair. Dow up 7. (Accessible only for subscribers before 10:15 AEDST)
Iron ore and copper look like winners, gold prices may ease before recovering and a supply shortfall is looming in tin.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street provided an indication the pullback is now over with its best performance of the year. Dow up 188. (Accessible only for subscribers before 10:15 AEDST)
Is 5% enough or is 10% the target for Wall Street? Mixed data are confusing the picture. Dow down 5. (Accessible only for subscribers before 10:15 AEDST)
Wall Street managed a rebound last night but no one was overly convinced. Dow up 72. (Accessible only for subscribers before 10:15 AEDST)
Might be time to re-rate resource stocks, in CIMB’s view. Goldman Sachs looks at sustainable capex for the big two miners. Macquarie anticipates 2014 will still be the Year of China.
More weak US data begs the question as to whether it’s just about the weather or a legitimate soft patch for the US economy. Dow down 300. (Accessible only for subscribers before 10:15 AEDST)
Nick Linton-Ffrost of Fifth Wave suggests a short-term trading idea in Newcrest Mining.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.