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Read MoreASX up 0.54% near noon: Copper surges to new high
Copper has surged to a new high, driven by financial investors anticipating a supply shortage, with futures on the London Metal Exchange reaching $US10,848 a ton, reflecting a more than 25% increase since the year began, amid concerns of a tightening ore supply potentially leading to a global shortfall in refined metal.
Read MoreStocks of the Hour: Bastion Minerals, Ironbark Zinc, Western Yilgarn
A snapshot of the stocks on the move, featuring Bastion Minerals (ASX:BMO), Ironbark Zinc (ASX:IBG) and Western Yilgarn (ASX:WYX).
Read MoreHard Rock Hotels and Casino’s looking to acquire Star Entertainment
Shares in the embattled Star Entertainment (ASX:SGR) are likely to surge today with the news that the US casino group Hard Rock Hotels and Casinos is considering a bid.
Read MoreMichael Hill jewelry faces turbulence
Listed jewelry chain Michael Hill has set itself up for a pounding when the ASX reopens on Monday after issuing a weak trading update on Friday.
Read MoreDow closes above 40,000 for the first time
The Dow Jones closed above 40,000 level for the first time in history on Friday, a day after hitting that key benchmark in the previous trading session.
Read MoreChina’s housing market
How desperate do you think the Chinese government and the Communist Party are to staunch the escalating losses in the country’s biggest black hole—housing and property?
Read MoreDow closes above 40,000 for the first time
The Dow Jones closed above 40,000 level for the first time in history on Friday, a day after hitting that key benchmark in the previous trading session.
Read MoreUS weekly wrap: Dow hits historic high, Nvidia earnings awaited
The Dow starts this week on new ground after the record close on Friday left the best-known US market index above the 40,000 level for the first time in history.
Read MoreA big weeks for commodities
A big week for commodities—one of the biggest in months—with metals surging and oil ticking a touch higher for a smorgasbord of factors, from Gaza and Ukraine to Chinese property issues, along with expectations of interest rate cuts in the US, Europe, and Australia.
Read MoreNvidia’s earnings report steals the spotlight
Rate cuts, mood changes, and volatile commodity prices—especially copper and gold—are on the agenda alongside the release of central bank board meeting minutes from the Fed and the Reserve Bank, early results of the May survey of business activity in major economies, and 17 speeches or public appearances by senior Fed members in the US over the next five days. However, amidst this busy business schedule, the most significant event of the week remains the quarterly financial report for the first quarter.
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