Fiscal policy has now become the focus on Wall Street as politician-speak sparks volatility. Dow up 55. (Accessible only for subscribers before 10:15 AEST)
Jonathan Barratt of Barratt’s Bulletin makes the case for the traditional correlation between US bonds and gold providing support for the gold price.
Wall Street drifted lower again last night, posting the longest losing streak in nine months. Dow down 61. (Accessible only for subscribers before 10:15 AEST)
Will Australian infrastructure spending take the place of mining? Steel production and supply. Citi changes gold, iron ore, oil and coal forecasts.
Forget tapering for now, next week requires passage of the new US fiscal year budget through Congress and a blockage is threatened. Dow down 66. (Accessible only for subscribers before 10:15 AEST)
Ramblings from various Fed presidents only served to make monetary policy even less clear last night. Dow down 49. (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.
Wall Street stalled to absorb last night, as is often the case after a previous strong session. Dow down 40. (Accessible only for subscribers before 10:15 AEST)
Thermal coal fundamentals, iron ore surplus and buying resources and gold stocks.
Wall Street was a tad dumfounded last night when the Fed postponed tapering given an insufficient US economic recovery. Dow up 147. (Accessible only for subscribers before 10:15 AEST)