Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket
The Australian dollar is slightly lower amid doubts there will be a successful outcome to the US budget negotiations. At 07:00 AEDT, the local unit was trading at $US1.0366, down from $US1.0374 on Friday. The main driver for markets ...
Tags: Australian dollar, outcome, US budget negotiations, fiscal cliff
AUSTRALIAN stocks are set to rise today after the US avoided falling over its fiscal cliff -- at least for now -- and iron ore prices unexpectedly ended the year in positive territory. US tax and spending cuts due to start on January 1 ...
Tags: US, tax, spending cuts, market confidence
Capital Invest - Capital Malls aims at the realization of real estate investments that provide a safe and profitable capital growth through the application of funds in commercial real estate, shopping malls, hotels and commercial ...
Tags: real estate, construction, plaza, building
China's sudden cuts to rare earth export quotas and domestic production marked the beginning of a Rare Earth Economic War, proposes Jacob Securities' Senior Mining and Metals Analyst Luisa Moreno. The good news is that partnerships between ...
Tags: Rare Earth, interview
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
US stocks ended the first week of the new year with a bang,with the S&P 500 notching a five-year high and the Dow securing its biggest weekly gain since December 2011. The Dow Jones Industrial Average added 43.85 points,or 0.3 per cent,to ...
According to local sources,the stainless steel product stocks in the Chinese Foshan market totaled 117,166 tonne in the last 10 days of December,decreasing by 3.13%from the previous 10 days. Among them,54,624 tons were cold rolled ...
Tags: Foshan Market, Stainless Steel, Stocks
By John Lee. Abu Dhabi's Invest AD plans to buy into the Asiacell IPO(initial public offering),making it the top holding in its Iraq fund. Sherif Salem(pictured),the manager of the Invest AD Iraq Opportunity Fund,and one of our Expert ...
Reuters reported that global stock markets surged almost 2.0%and commodity prices rallied yesterday after US legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into ...
Tags: Saudi Market, Rallies, Fiscal Deal
As we enter a new year,we are confronted with one of the more bizarre and enigmatic cotton situations in recent memory.What makes price analysis currently so difficult is that we are essentially dealing with two entirely different ...
Tags: cotton situation, 2013, Chinese, yarn
Iron ore prices have been hurtling along in December at an amazing pace even outracing the finished price levels. Whopping 18% growth in December has baffled all market estimates. On the hindsight finished market could creep merely 1%. ...
Tags: Iron ore, iron ore prices, iron ore market, iron ore industry
In a report out this week Norwegian analysts at Arctic Securities suggest Chinese iron ore imports are set to spike.The news comes as iron ore inventories at Chinese ports stand at their lowest for more than two years. According to ...
Tags: iron ore, AID, Arctic Securities, China
US crude stocks fell 12.032 million barrels last week, while US distillate stocks jumped 6.71 million barrels, according to American Petroleum Institute data Thursday. The data painted a bullish picture for NYMEX crude futures, and a ...
Tags: US crude stocks, distillate stocks, Gulf Coast Draw, AP
As in a Sherlock Holmes novel where the telling clue is the dog that didn’t bark the significant features of the cotton industry at the start of 2013 are those that are not happening. In most seasons, the range between the highest and ...
Tags: Cotton Stocks, World War II, cotton industry, 2013