On the surface a quiet day – but do a little digging and it was far from thus!
The S&P/ASX 200 (XJO) finished 12 points lower at 7,851.7, 0.24% from its session high and just 0.13% from its low.
$S&P/ASX 200(.XJO.AU$
The S&P/ASX 200 (XJO) finished 12 points lower at 7,851.7, 0.24% from its session high and just 0.13% from its low.
$S&P/ASX 200(.XJO.AU$
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Lithium futures + spot price were declining about 4 days in a row (was worrying)
Today, futures are up, and spot appears to have stopped the decline
$Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $Pilbara Minerals Ltd(PLS.AU$
Today, futures are up, and spot appears to have stopped the decline
$Rio Tinto Ltd(RIO.AU$ $BHP Group Ltd(BHP.AU$ $Pilbara Minerals Ltd(PLS.AU$
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Interest rates are still low. Problem is people have over committed thinking they’d stay at 2-3 % forever.
kakaobohne
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Bitcoin ETFs are coming everywhere
$Newmont Corp(NEM.AU$ WOW! $Newmont Corp(NEM.AU$ is up 13.9% today! The $BHP Group Ltd(BHP.AU$ -Anglo merger news has breathed new life into the copper industry. Is this the start of a new mining investment craze? 🚀🔥
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Iron ore is currently the bread and butter of BHP and Rio. I'm bullish for this long term as buildings and cities develop worldwide, but this demand could slump if there is a global recession. The weak china demand makes sense right now and the companies sound bullish for demand in india increasing.
I'm interested to see how $BHP Group Ltd(BHP.AU$ handles the nickel issues. This could certainly be a drag for them
I'm interested to see how $BHP Group Ltd(BHP.AU$ handles the nickel issues. This could certainly be a drag for them
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Iron ore is currently the bread and butter of $BHP Group Ltd(BHP.AU$ and $Rio Tinto Ltd(RIO.AU$ . I'm bullish for this long term as buildings and cities develop worldwide, but this demand could slump if there is a global recession. The weak china demand makes sense right now and the companies sound bullish for demand in india increasing.
I'm interested to see how BHP handles the nickel issues. This could certainly be a drag for them
I'm interested to see how BHP handles the nickel issues. This could certainly be a drag for them
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$BHP Group Ltd(BHP.AU$ 's earnings report has me on the edge of my seat. Production is up, but it still falls short of Morgan Stanley's forecast. But hey, the stock market is full of ups and downs. No one can win all the time. Looking at the trend, it seems like BHP is gearing up for a big rebound next quarter. Let's see what they have in store for us! 👀
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Thanks to the ban on RUSSIAN ALUMINUM going through the COMEX and LME, South 32 ( $South32 Ltd(S32.AU$ ) rallied 4.5% and Alumina ( $Alumina Ltd(AWC.AU$ ) put on 6%.…Elsewhere, I was a little surprised fundies weren’t coming in hard for our OILERS – Woodside ( $Woodside Energy Group Ltd(WDS.AU$ ) only put on 0.3% and Santos ( $Santos Ltd(STO.AU$ ) added just 0.9%….Got to say that STO looks more than ready to break out and we could even see WDS return with a better takeover offer.
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