• All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Write a Squawk
No posts
  • Editor’s Picks / 2 hours ago

    Glencore slashes zinc output by one-third

    Commodities giant Glencore said it will cut 500,000 tonnes of global zinc production, around one third of its annual zinc output, due to low prices. In a statement it said it remains positive about the medium and long-term outlook for zinc, lead and silver, but is taking a proactive approach to manage production in response to current prices. Glencore said operations at Lady Loretta in Australia and Iscaycruz in Peru would be suspended, while George Fisher and McArthur River in Australia and various mines in Kazakhstan will cut production levels.
    Read article on CNBC
    Go to post
  • Calendar event / 2 hours ago

    AU Housing Finance

    Low Finance Approvals-SA, M/M%
    Low Investment Loans-SA, M/M%
  • Article / 2 hours ago

    Today's Trade: Buyers back on Fed inflation concerns

    Trading Desk / Saxo Capital Markets
    Today's Trade: Buyers back on Fed inflation concerns
    Local shares were trading higher at the open, led by Wall Street along with a rise in oil and iron-ore prices. Overnight the Dow Jones added 138 points to 17,050. At one point WTI was up 4.7% before closing up 3.4%, while iron ore was up 5.3%. AUDUSD reached three-week highs of 0.7259 early on and the upside momentum is expected to continue in the near term unless there is some pull-back in iron ore or copper prices.
    Read the article
  • Editor’s Picks / Yesterday at 22:39 GMT

    Fed shows the market matters the most

    If there was any doubt about who's calling the shots in the ongoing love affair between the Federal Reserve and the market, deliberations from the most recent meeting helped clear things up. Jeff Cox writes that the central bank is showing some serious deference to the folks making the financial world move. Minutes from the FOMC's September session show officials worried both over events as they were unfolding in the world, and market reaction to them. Why is that such a big deal? Because Fed Chair Janet Yellen and her fellow FOMC members have indicated time and again that they will be "data dependent" when deciding the future path of monetary policy generally and interest rates in particular.
    Read article on CNBC
    Go to post
  • Article / Yesterday at 13:30 GMT

    Real estate versus stocks – to buy or not to buy?

    Real estate versus stocks – to buy or not to buy?
    Buying an apartment might be the biggest single financial decision in one's life. It should therefore be thoroughly thought through. As an alternative, investing in stocks should at least be looked at. Historically, large national stock indices such as the US' or Germany's have outperformed property markets there and elsewhere.
    Read the article
  • Article / Yesterday at 12:28 GMT

    Un-American Apparel?

    Editor / Saxo Bank
    Un-American Apparel?
    American Apparel claims that it will keep its manufacturing in the US despite its bankruptcy, but it's ultimately up to the bondholders now and it seems that the "made in America" story is leaving analysts and investors somewhat cold.
    Read the article