Archive for June, 2010

Aussie dlr in retreat, some relief on mining deal

Wednesday, June 30th, 2010
WELLINGTON/SYDNEY, July 1 (Reuters) - The Australian dollar pared hefty early losses on Thursday after bears were caught short by a report a deal was near on watering down a proposed mining tax that had spooked offshore investors.

Aussie dlr in retreat, some relief on mining deal

Wednesday, June 30th, 2010
WELLINGTON/SYDNEY, July 1 (Reuters) - The Australian dollar pared hefty early losses on Thursday after bears were caught short by a report a deal was near on watering down a proposed mining tax that had spooked offshore investors.

Rio Tinto in mining pact with Kazakhstan state firm

Wednesday, June 30th, 2010
ASTANA: Global miner Rio Tinto signed an agreement yesterday with Kazakh state company Tau-Ken Samruk on joint prospecting and mining in the Central Asian state. Rio Tinto said in June it would be forced to look at investing outside Australia if C

EU steelmakers fined ¤518m for price-fixing

Wednesday, June 30th, 2010
BRUSSELS: The European Commission fined 17 steel producers a total of ¤518 million (¤1 = RM3.98) yesterday for running a price-fixing cartel, with industry giant ArcelorMittal hit the hardest. The European Union's (EU) competition watchdog sai

3:49PM PM, miners strike deal to end tax row

Wednesday, June 30th, 2010
From: The Australian MINERS and the government will announce tomorrow that they have struck a deal to end the bitter standoff over the mining tax.

10:01AM Coalition ‘will rescind mining tax’

Wednesday, June 30th, 2010
From: The Australian AN Abbott government would rescind the resources super-profits tax, the opposition said today, as negotiations entered a third day.

Technical Oil (2010-07-01)

Wednesday, June 30th, 2010
Morning ReportCrude succeeded in achieving yesterday's suggested bearish direction, where it was able to breach pivotal support 75.20 as trading currently stabilizes at support for the bullish short term channel at 74.60.

Lear Capital’s Gold Vs. S&P 500 Report

Wednesday, June 30th, 2010
One of the many market reports I receive or review daily, included a stern warning about the direction in which the S&P 500 could be moving.

Market Meltdown & Metal Missiles - SPX, Gold, Silver & Oil

Wednesday, June 30th, 2010

June 30th, 2010 What a nutty week for the equities market! The bleeding has not led up with almost 2 weeks of straight selling. Also we are seeing oil break down with a rather large bear flag and if that happens, which it looks like it will…

Evraz Vitkovice Steel temporarily shuts down its steel shop

Wednesday, June 30th, 2010
Evraz Group announces the temporary closure of the steel shop at Evraz Vitkovice Steel in Czech Republic with effect from July 1st.

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