A glance through the latest expert views and predictions about commodities with analysts using the end of the September quarter to revise forecasts generally lower given market headwinds remain in place.
Late positive news from Europe turned a 250 Dow fall into a 153 point rally on the close.
A visit to US clients leaves NAB head of research Peter Jolly expecting slow US growth but not a recession.
BArclays Capital has analysed seasonal trends for Otober and notes equities tend to deliver positive performance but the US dollar and commodities find the going tougher.
Global stock market weakness continued last night on the back of Greece’s inability to meet its deficit reduction targets. Dow down 258.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
The Dow gave up a 261 point to finish up 143, having been negative in between.
Ahead of the Herd’s Rick Mills suggests with inflationary policies likely to continue commodity prices will benefit, so keeping junior resource stocks on the investment radar screen.
A lack of news in Europe focused attention on the new low made in the Chinese market as the copper price slips away. Dow down 179.