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| | | ... not only are speculations of delayed Fed action bumping our currency, commodity prices - in particular, iron ore and crude oil -- also appear to be turning (though this isn't a bad thing). Iron ore prices continued to firm overnight, rising to US$59.88 ... |
| | | | ... 67 cents to $59.10. But iron ore player Fortescue was up one cent to $2.58, following an overnight lift in iron ore prices. Oil and gas explorer Beach Energy was down 2.5 cents, or 2.1%, at $1.165 after announcing a 23 per cent drop in sales volumes ... |
| | | | ... of heading down the forecast US$40 per or Joe Hockey's reported Budget assumption of US$35. So too have the price of crude oil - on both measures. Brent is up 37.3% to US$64.83 a barrel from the US$47.22 low touched in mid-January; WTI oil is up 30.5% ... |
| | | | ... Resources stocks are driving the Australian share market towards the key 6,000 mark following gains in commodity prices. Higher oil and iron ore prices have prompted investors to move into the resources sector following overseas share market gains on ... |
| | | | ... close at 2,159.80. However, Sydney rallied 1.51 per cent, or 88.53 points, to 5,933.3 as energy firms were helped by higher oil prices. And Hong Kong jumped 233.28 points to 28,060.98 - the first time it has ended above 20,000 since December 2007 - boosted ... |
| | | | ... credit complex that add value. We quite like parts of the emerging market hard currency debt complex, particularly some of the oil importers, or some of those places that get a boon from the fact that the oil prices are lower," Miller said. At a separate ... |
| | | | ... Rio Tinto was down 94 cents to $54.56 while iron ore player Fortescue was 1.5 cents lower at $1.855. Energy stocks fell as oil prices slid, with Woodside down 19 cents to $34.50 while Santos lost 17.5 cents to $7.705. Commonwealth Bank was 97 cents down ... |
| | | | ... that. "A few high profile US companies beat expectations as well overnight boosting sentiment, so combine that with crude oil and iron ore back in the winners circle it was always going to be a positive day," Mr K'Nell said. Rio Tinto shares were up ... |
| | | | ... Bank and Commonwealth Bank are due to appear before Senate committee inquiry into financial advice services. Rio Tinto and Oil Search are slated to post first quarter production reports. Leighton Holdings holds its annual general meeting and releases ... |
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