One trader says he's betting on one mining name for a big rally.
Chances are unclear BHP would consider a dividend payout from sale of U.S. assets, says Alex Leyland, portfolio manager, Leyland Private Asset Management
European markets closed lower on Monday amid persistent geopolitical uncertainty, though mining stocks helped to limit losses.
Investors' risk sentiment received a boost from the 209,000 jobs added stateside in July, higher than what the markets had expected.
Asian indexes were mostly lower on Thursday after the Dow closed above the 22,000 level as the dollar recovered slightly.
Rob Brierley of RM Capital says investors were disappointed as the main contributor to the miner's earnings growth was commodity price action.
Global miner Rio Tinto on Wednesday reported its first-half profit more than doubled from a year earlier following a rebound in iron ore prices and announced an additional $1 billion share buyback.
Asia markets closed mixed Wednesday, with technology shares gaining after Apple earnings and as investors digested Asia corporate results.
Asia markets closed higher as the dollar nursed losses after hitting 10-month lows overnight.
Markets in Asia closed mixed on Tuesday as the dollar dived on headlines related to U.S. health-care reforms.
Rio Tinto cuts its full-year iron ore export guidance to 330 million tons from 330 million to 340 million tons. Paul Bartholomew of S&P Global Platts weighs in.
European stocks closed lower on Tuesday, with the benchmark index pulling back from its biggest rally in more than two months amid geopolitical concerns.
Demand for renewable energy is increasing, but it will prove difficult to remove coal from the energy mix, says Deepak Kannan of S&P Global Platts.
Markets in Asia closed in the green on Monday as oil prices rose, despite news Takata had decided to file for bankruptcy.
Alex Leyland at Leyland Private AM said Glencore, which made a fresh counter bid for Rio Tinto's Australian coal assets, would gain greater synergies.
European markets were mixed on Wednesday, extending the losses seen in Asian markets, after Moody's downgraded its credit rating for the world's second-largest economy China.
Mongolian's Mining Minister said nearly 21 percent of the country will soon be opened up for mining exploration in an attempt to shore up its finances.
Most Asian markets lost ground on Friday as traders await the U.S. nonfarm payrolls data later and after commodity-price drops overnight.
Most Asia markets were lower on Thursday as the Fed stuck to a hawkish bent overnight and metal prices tumbled.
Asian markets were mixed on Wednesday, as Wall Street's rise was offset by disappointment with Apple earnings, as traders eyed the Fed.