The two parties appear now to be testing each other’s resolve on the potential catastrophe of US default. Dow down 136. (Accessible only for subscribers before 10:15 AEST)
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. While a recent rebound in precious metals prices has provided some relief, Citi believes the gold bear market has not yet run its course.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
With no real end in sight to the US budget impasse, Wall Street continues to drift lower, aided last night by some disappointing data and dramatic incident in Washington. Dow down 136. (Accessible only for subscribers before 10:15 AEST)
The value of miners, negatives for mining & engineering, Chinese scrap consumption and the lure of gold.
Day Two and no end in sight. Dow down 58. (Accessible only for subscribers before 10:15 AEST)
Ho hum, the US government has shut down. Dow up 62. Commodities not impressed, nevertheless. (Accessible only for subscribers before 10:15 AEST)
Congressional leaders will continue to negotiate this morning ahead of what still looks like an inevitable US shutdown. Dow down 128. (Accessible only for subscribers before 10:15 AEST)
Volatility eases in coal and iron ore, price forecasts are eased across a number of metals and production forecasts are ramped. Then there’s productivity.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.