The US earnings season is proving reasonable if not uninspiring to date, leaving the indices to hover at their highs. Dow up 1. (Accessible only for subscribers before 10:15 AEST)
This week ATW’s Jerry Simmons examines gold and suggests a break of 1310 could suggest a low is in place. The Aussie is also looking vulnerable against the yen.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Bernanke has set the world straight, US earnings are reasonable, and US data are solid. Almost a too perfect world. Dow up 78. (Accessible only for subscribers before 10:15 AEST)
Demand for gold jewellery has swelled with the falling gold price. Analysts look at what underpinning factors might give way.
Wall Street seems finally woken up to the fact the Fed chairman has been playing the same tune for months. Dow up 18. (Accessible only for subscribers before 10:15 AEST)
The June quarter was a costly one for Perseus Mining and brokers are reining in expectations, especially after confirming the Sissingue project is now on hold.
Analysts have reduced commodity price forecasts over the next few years – across the board.
Gold miner margins were stymied despite the price rise in recent years. Brokers assess the outlook now the price has turned down and plans are being altered.
A benign Chinese GDP, more solid earnings results and mixed economic data were enough to see Wall Street graft further ahead. Dow up 19. (Accessible only for subscribers before 10:15 AEST)