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Strong session in Europe and American should act as a catalyst for the local market today, the case for interest rate rises in the US are clearly again driving sentiment with many suggesting that December will be the date for lift off. Commodities were again broadly weaker with West Texas dipping below $40 USD a barrel before recovering to close above. The US dollar index also climbed higher.
Ben Le Brun discusses last night's US market action 18 November 2015
Ben Le Brun discusses today’s market action 18 November 2015
AS commodities prices like iron ore, high grade copper and crude oil all slide to multi year lows the fate of the Australian market looks volatile. Expect the the market to open weaker and volumes on the majors could tell the story of where to next.
Ben Le Brun discusses last night's US market action 17 November 2015
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