By Rudi Filapek-Vandyck, Editor FNArenaLet's start with the good news: most of you are already on holidays (I can tell by the many emails returning this morning) and the share market is trying its best to put a positive end to what has been an extra-ordinary year, in my view.
- Global steel price upturn expected early in 2012- Market conditions not uniform- US seeing some price increases, Western Europe market weak- Asian markets mixedBy Chris ShawIn the view of steel industry consultant MEPS, a global steel price upturn is expected early in 2012.
By Rudi Filapek-VandyckUS equities closed near their highs for the day. The Dow gained 61.91 points, 0.
In a survey by PricewaterhouseCoopers for its annual Gold Price Report, 80 per cent of mining companies said gold will increase in 2012 and will reach a pinnacle of $2,000 per ounce.
By James Stanley, Trading InstructorThe Trader's Plan"Good fortune is what happens when opportunity meets desire.
- Oz consumers signal they are more likely to stay at home this Christmas- Those that want to travel are more likely to go overseas- It probably has never been this cheap to travel overseas for AustraliansBy Andrew NelsonA new survey from Westpac isn't likely to be celebrated by the Australian ...
FNArena has added another video to its Investors Education section on the website. In this video, ATW's Jerry Simmons' analysis zooms in on NR7s and doji formations.
By Rudi Filapek-VandyckUS equities rallied by up to 4% (Russell2000) on positive news from Europe and from the US housing market.
European shares were mixed on Monday. Despite no further downgrade of sovereign credit ratings, investors remained cautious.
By SM Ali Abbas, Nazim Belhocine, Asmaa El-Ganainy and Mark HortonAs policymakers continue to grapple with high debts and the troubles that come with them, this column looks at the lessons from data on public debt in 178 countries stretching back as far as 1880.
By Kathleen Brooks, Research Director UK EMEA, FOREX.comPrice action may feel like the markets have ground to a halt as we wait for the Christmas break; however headline risk is as strong as ever as we get close to the end of the year.
By Rudi Filapek-VandyckThe Dow ended down 100 points at 11766, the S&P fell 1.2% to 1205, and the Nasdaq lost 1.
- Coca-Cola on Friday updated earnings guidance- Guidance broadly disappointed (as predicted by some)- Estimates trimmed across the market- Credit Suisse downgrades to an Underperform ratingBy Chris ShawOn Friday Coca-Cola Amatil ((CCL)) offered a trading update to the market, management indicating ...
U.S. stocks ended the week with a whimper Friday as continued jitters surrounding Europe's debt crisis weighed on investor sentiment. T
US consumer prices rose were flat in November after a 0.1pct drop in October. Consumer prices were up 3.4pct in the 12-months to November. Excluding food and energy consumer prices was up just 0.2pct in November.
Another weak week for global markets, especially commodities led by gold, and the euro.
The impact of China's slowing economy on our export performance was clearly shown yesterday, but home loans rose for yet another month.
This week's pounding of the euro by worried investors decamping for the strengthening US dollar (and abandoning gold and other commodities) shouldn't come as much of a surprise as we look into 2012.
According to the market, APA Group's $1.06 billion takeover offer for fellow pipeliner, Hastings Diversified Utilities Fund (HDF), is over before the shouting starts.
As opposed to some earlier reports on business confidence and conditions this year from the National Australia Bank, the November report out yesterday, is pretty conventional.
Some of our most vital export markets are facing a worsening in growth prospects for 2012.
By Andrew NelsonAccording to a recent outlook paper from Russell Investments, the majority of Australian investment managers believe the S&P/ASX300 will finish 2012 higher than where it started.
By Peter Switzer, founder of the Switzer Super Report15th December 2011This week I want to share with you the observations of my favourite US analyst ? Abby Joseph Cohen ? who is the senior investment analyst at the legendary money making operation called Goldman Sachs.
By Rudi Filapek-VandyckThe Dow Jones Industrial Average booked a gain of 45.33 points, or 0.4%, to 11868.
By Andrew NelsonAnalysts at Macquarie took a little break from covering Cochlear ((COH)). They paused just long enough to do a full review of the company, of the cochlear implant (CI) marketplace and they also surveyed 389 US-based Audiologists.
The Reserve Bank's biggest concern at the moment is the eurozone crisis: those fears have driven the rate cuts in November and this month and judging by a speech in Sydney yesterday from Deputy Governor Ric Battellino.
It's a difficult task being the CEO of a big Australian bank: they have to sound concerned, informed and above all authoritative, as we saw with Westpac's Gail Kelly yesterday, and will hear from the NAB's Cameron Clyne later today and from the ANZ's Mike Smith tomorrow.
US import prices rose 0.7pct in November after sliding by 0.5pct in October. The gains marked the largest increase in seven months and was driven by a surge in the cost of petroleum. Imports prices are up 9.9pct in the 12 months to November.
By Rudi Filapek-VandyckThe Dow Jones Industrial Average gave up 131.46 points, or 1.10%, to finish the day at 11823.
By David Rodriguez, Quantitative Strategist and Timothy SheaSummary: For most forex traders, the best time of day to trade is Asian hours.