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Market recap: Gold's slump, copper's surge, and the Fed's influence

27 May 2024 - Did we miss the copper party? Was gold’s surge last week just another dash in the pan? Was the Fed the catalyst for the sell off in metals - or did traders realise th…

A week of suspense in the US markets

27 May 2024 - A week for going nowhere—that was last week. This week, however, it's a week for being on tenterhooks until 8:30 a.m. Washington time, when the last inflation data re…

Iron ore prices rise amidst increased portside stocks and growing steel production

27 May 2024 - Iron ore prices ended back over $US120 a tonne in Asian dealings on Friday as the market ignored another rise in portside stocks in the week to Thursday.

BHP's record takeover talks with Anglo American extended

24 May 2024 - BHP (ASX:BHP) has seen initial signs of positive engagement regarding its proposed £38.6bn takeover of Anglo American. The two companies have agreed to extend talks b…

Copper and gold soars as funds bet on supply shortages

24 May 2024 - A surge in speculation by futures market traders has propelled the prices of metals like copper and gold to record highs, driven by funds betting on supply shortages …

Stocks of the Hour: Adherium, Nanoveu, Nimy Resources

24 May 2024 - A snapshot of the stocks on the move, featuring Adherium (ASX:ADR), Nanoveu (ASX:NVU) and Nimy Resources (ASX:NIM).

Mixed signals for US economy

24 May 2024 - Wall Street equities, US bond markets, and commodities were swamped Thursday by data showing that the US economy is stronger than thought.

Chile's SQM reports slump in lithium sales

23 May 2024 - While Chile's SQM, the world’s second-biggest lithium player, has joined the list of companies in this key renewable metal to report a slump in sales revenues and wea…

WA Premier Roger Cook aims to forge green steel future

23 May 2024 - West Australian Premier Roger Cook has outlined his vision for the state's economic future, emphasizing the pivotal role of its ore resources in driving a transition …

BHP-Anglo American saga a sign of more mining M&A activity?

23 May 2024 - In a significant turn of events within Australia's mining sector, Resources Minister Madeleine King and West Australian Premier Roger Cook have voiced strong criticis…

Stocks of the Hour: Strategic Energy Resources, RareX, Kalgoorlie Gold Mining

23 May 2024 - A snapshot of the stocks on the move, featuring Strategic Energy Resources (ASX:SER), RareX (ASX:REE) and Kalgoorlie Gold Mining (ASX:KAL).

Nufarm reports decline in interim earnings

23 May 2024 - A four-cent unfranked dividend for shareholders in the ag chemicals business Nufarm (ASX:NUF), and the promise of a pickup in the current second half as it expects an…

Strong growth and profitability for Xero in FY24

23 May 2024 - Accounting software multinational Xero (ASX:XRO) has reaped the benefits of the restructuring and management change a year or so ago and the new direction she brought…

Reject Shop anticipates earnings slump despite sales growth

23 May 2024 - Discount retailer The Reject Shop (ASX:TRS) is expecting a more than halving in earnings for the year ending June 30, despite reporting reasonable sales growth for th…

Rate cut speculation and economic trends

23 May 2024 - The dream lives on – that is the dream of a rate cut in Britain. June is now out, as Wednesday saw UK consumer inflation coming in lower but stronger than forecast fo…

Battle of titans: BHP's ongoing bid for Anglo American

23 May 2024 - So, we're now at the pointy end of BHP's (ASX:BHP) monthly long attempt to grab its stumbling rival, Anglo American.

Iron ore prices surge to three-month high

23 May 2024 - A three-month high for iron ore prices was reached on Wednesday as traders remained bullish about the prospects for China's aid packages for the country's loss-making…

Nvidia shatters expectations with record revenue surge

23 May 2024 - Now, that’s what you call a result—in fact, a crushing result, as Nvidia’s revenue soared by 262% in the past quarter, beating all expectations and sending the chipma…

The end of the great car boom: AP Eagers issues surprise earnings downgrade

22 May 2024 - The great car boom has ended with the country’s biggest dealer, AP Eagers, issuing a surprise earnings downgrade, which saw the shares slump almost 20%.

Reserve Bank of New Zealand's policy stance

22 May 2024 - Despite unemployment rising above pre-pandemic levels, the Reserve Bank of New Zealand’s sturdy monetary policy stance will not change.

The copper price boom

22 May 2024 - Nothing compares to a copper price boom for catalyzing a surge in exploration efforts, proposed expansion projects, and fundraising.

Stocks of the Hour: Charger Metals, Fin Resources, Aeon Metals

22 May 2024 - A snapshot of the stocks on the move, featuring Charger Metals (ASX:CHR), Fin Resources (ASX:FIN) and Aeon Metals (ASX:AML).

BHP rises ahead of Anglo American bid deadline

22 May 2024 - Shares in BHP Group (ASX:BHP) closed at a three-month high on Tuesday, 36 hours ahead of a deadline to lodge a formal bid for rival miner Anglo American, which last w…

The potential split of Webjet

22 May 2024 - Webjet (ASX:WEB) revealed a record result for the year ending March 31, 2024, after reporting a record result for the previous year, ending March 31, 2023, a year ago…

The allure of Chinese gold

22 May 2024 - China has its own customs regarding gold, with buying gold during the Lunar New Year holiday being a notable tradition. Historically, the precious metal has traded at…

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