United States

If history repeats itself, Australian equities, copper, oil and silver should all perform well in July.

Wall Street held steady all session until 3pm when a massive programmed sell order ensured a technical break-down. Dow down 96.

The TechWizard reports equity indices in the US and in Australia are approaching key support levels.

Low leading indicator and confidence readings in China and the US broke the dam of building disquiet last night sending risk assets tumbling. Dow down 268.

Commentators suggest Fed board members are currently arguing over whether or not to reintroduce massive monetary stimulus to a flagging US economy to re-stimulate growth.

Dennis Gartman finds market action for US equities disconcerting. He advocates investors should err to the side of caution.

Wall Street meandered on thin volume last night as investors search for a reason to move either way. Dow down 5.

A glance through the latest expert views and predictions about commodities including evidence of strong thermal coal demand, positive signs for oil prices and the implications of recent announcements in the iron ore and nickel markets.

Danske Bank argues that tighter budgets in Europe will be offset by accompanying positive influences. There is no need to panic.

A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.