The Diggers & Dealers Mining Forum kicked off in Kalgoorlie on Monday with talk centered on shrinking market caps, cost cuts and consolidation.» Read More
European shares closed off their session lows on Tuesday, as U.S. earnings season kicked into high gear following a slew of upbeat earnings reports from heavyweights Goldman Sachs, Coca-Cola, and Johnson & Johnson. U.S. shares were boosted by the news and the pan-European FTSEurofirst 300 Index closed provisionally down.
Slowing growth signs are everywhere, not just in China.
European shares closed lower on Monday, after news of an unexpected slowdown in China sparked a commodities sell-off.
Some of the names on the move ahead of the open.
The super cycle in commodities has come to an end, according to researchers at Citi, who downgraded several mining stocks on Monday as metals prices have continued to decline.
The rally today is broad, with defensive names advancing at almost the same pace as cyclical names. The S&P 500 gapped up about six points right at the open.
The unprecedented moves by the Bank of Japan on Thursday to end years of deflation brought about a breath-taking turnaround in Japanese stock markets that saw the Nikkei 225 closing up 2.2 percent by the end of the day, at four and a half year highs.
Asian markets eased off their lows to close mixed on Tuesday after comments from the Eurogroup president about using the Cypriot "bail-in" as a template for future deals spooked investors while Shanghai shares led losses over liquidity fears.
Asian stocks were under pressure on Wednesday as concerns rose if a bailout deal was still possible for Cyprus while Greater Chinese shares ignored the news to outperform the market as attention turned to domestic issues.
Extreme bearish forecasts for iron ore prices to drop to as low as $70 a metric ton are an overreaction to the oversupply situation in the sector, said the CEO of the world's fourth largest iron ore producer.
Nev Power, CEO of Fortescue Metals tells CNBC why doesn't expect a drastic increase in new iron-ore supplies. He thinks prices will stay up in the long-term on stabilizing Chinese demand.
European shares closed lower on Tuesday as markets await the outcome of a critical vote in Cyprus to tax bank deposits.
Patrick Noble, Senior Investment Specialist at Zurich Australia tells CNBC why small caps are his pick of the moment.
Risk assets fell across the board on Monday as Asian markets saw a massive sell-off after a weekend decision by the euro zone to force depositors in Cyprus to contribute towards a bailout sparked concerns of contagion across other peripheral countries.
Asian markets eased off session lows to turn mixed on Thursday on concerns over domestic factors but optimism over monetary stimulus led Japan's Nikkei to snap a two-day losing streak.
Tokyo and Sydney stocks jumped to new multi-year highs on Monday, lifted by Friday's stronger-than-expected U.S. jobs data, while other Asian markets lost ground as mixed economic data from China weighed on sentiment.
Japan's Nikkei jumped to a new four-and-half-year high on Friday thanks to the yen's decline, while China's strong export data lifted other Asian shares. Investors however, remain cautious as focus shifts to upcoming U.S. job numbers.
Asian shares were mixed on Thursday as investors shrugged off overnight gains in the U.S and turned attention to central bank meetings in Europe. Japan's Nikkei came off a four-and-a-half-year high but held onto most of its gains amid expectations for aggressive monetary easing.
"There is no conviction in the market," one pro said. "You look at this grind higher and you have dividend payers and defensive stocks moving along with it."
Stocks ended near session highs in choppy trading, with the S&P 500 finishing in positive territory for the first Monday in 2013 and the Dow close to hitting its record closing high, as investors shook off earlier worries over China and a lack of progress over the sequester.