Rio Tinto Share Discussion Threads

[christh] 15/5/2020 10:36

gibbs1,

thanks.

Waldron,Ted et all


friday today,let's hope the sunshine carries on and kill the covid19, for the sake of the old generation.

By the way you can have a barbeque with chicken from Lidl at a special offer.
I hope are not clorinated.

Enjoy your weekend,and say a prayer for us miserable human beings for a better world.


GLA

[gibbs1] 15/5/2020 09:54

Must first break through the strong resistence of 3943p it seems





if warp speed then.............................


4677p

[christh] 15/5/2020 09:50

Will it test £40 next week?

Momentum strong, robust company

[gibbs1] 15/5/2020 09:41

beam them masks up for ted

[sarkasm] 15/5/2020 08:14

RIO TINTO PLC (RIO)
CHI-X - 05/15 08:11:19 am

3855.5 GBp +2.47%

Looks like you got your wish guys

at least so far

[podgyted] 15/5/2020 07:38

Rio up 2.4% in Oz.

Great weekend all!

[waldron] 15/5/2020 07:21

European markets seen higher as investors monitor economic data and reopening efforts

Published Fri, May 15 20202:07 AM EDT

Elliot Smith
@ElliotSmithCNBC

Key Points

The transmission rate for the coronavirus remained below the key threshold of 1 in Germany following initial easing of lockdown measures, the Robert Koch Institute for Disease Control said Thursday.

Euro zone GDP (gross domestic product) growth estimates for the first quarter are expected at 10 a.m. London time along with trade balance and employment numbers.




European markets are set to open higher on Friday as investors pin their hopes on economic reopening efforts and a host of key first-quarter data.

Britain’s FTSE 100 is seen around 49 points higher at 5,791, Germany’s DAX is expected to gain around 110 points to 10,447 and France’s CAC 40 is set to climb by around 35 points to 4,308, according to IG data.

[podgyted] 15/5/2020 00:37

Hopefully.

[christh] 14/5/2020 23:27

A very positive openning tomorrow

[waldron] 14/5/2020 19:01

Dow surges 250 points as Wall Street rebounds from earlier losses, JPMorgan up 4%

Published Wed, May 13 20206:00 PM EDT

Updated 26 min ago

Fred Imbert
@foimbert

Yun Li
@YunLi626

[waldron] 14/5/2020 17:02

Iron Ore 85.78-2.57(-3.00%)
Gold COMEX 1,741.20 +1.44%
Silver COMEX 16.06 +2.48%
Platinum NYMEX 772.20 +0.31%
Copper COMEX 2.34 -0.19%
Brent Crude Oil NYMEX 30.12 +3.19%
Gasoline NYMEX 0.92 +3.77%
Natural Gas NYMEX 1.92 +1.75%
WTI 26.709 USD +2.61%


FTSE 100
5,741.54 -2.75%
Dow Jones
23,175.82 -0.31%
CAC 40
4,273.13 -1.65%
SBF 120
3,385.9 -1.77%
Euro STOXX 50
2,754.52 -1.96%
DAX
10,337.02 -1.95%
Ftse Mib
16,844.15 -1.97%


Rio Tinto
3,757 +0.71%


Bhp
1,355.2 +0.82%



Anglo American
1,364.2 -0.97%



Glencore
136.5 -1.42%

[waldron] 14/5/2020 13:36

Markets

Dow futures fall more than 200 points as market set to extend this week’s steep losses

Published Wed, May 13 20206:00 PM EDT

Updated Moments Ago

Fred Imbert
@foimbert

[waldron] 14/5/2020 13:21

U.S. Stock Futures Fall Ahead of Unemployment Data
Print
Alert

By Caitlin Ostroff and Joanne Chiu

U.S. stock futures slipped Thursday ahead of weekly jobless claims data as anxiety about the economic fallout from the coronavirus pandemic prompted a rise in volatility.

Futures tied to the S&P 500 were down 0.4%, suggesting that U.S. stocks could come under fresh pressure after dropping 2.2% Wednesday. A closely watched gauge for turbulence in U.S. stocks, the Cboe Volatility Index, ticked higher for a third day.

The pan-continental Stoxx Europe 600 fell 2.1%, while major Asian indexes ended the day sharply lower.

Shares in network-equipment giant Cisco Systems rose 2.4% in offhours trading after it posted revenue that beat expectations Wednesday and said it may benefit from a shift to working from home.

Investors will be looking to assess the extent of the damage to the American labor market two months after the pandemic disrupted the economy when new figures on U.S. unemployment-benefits claims are released at 8:30 a.m. ET. The data, for the week ended May 9, is likely to influence expectations for consumer spending, which has driven the economy for much of the past decade.

While initial jobless claims are still forecast to reach 3 million, some investors have been reassured as weekly filings have dropped from the levels seen at the end of March. Economists and policy makers are bracing for a slower and more difficult rebound, though the sharp rally in stocks from March's lows have signaled expectations for a quick recovery.

"The pace of the recovery is going to disappoint because lifting the lockdown is not going to put the economy back to where it was before," said Hani Redha, a portfolio manager for PineBridge Investments. "The policy response prevented a depression, but they're not going to prevent a very deep recession."

House Democrats are forging ahead with a proposal for additional stimulus measures to help the economy, though they have failed to secure the support of Republicans or the White House so far on some central points. A vote isn't likely before Friday, the Democrats have said.

An earlier fiscal-spending package included checks and expanded unemployment benefits in an effort to offer direct assistance to American households.

"Really, it's not stimulus yet," said Eugene Philalithis, head of Multi Asset Investment Management at Fidelity International. "It's just intervention to keep the situation from getting worse."

More stimulus is likely needed to make sure businesses can keep employees on payroll and the economy can regain ground when lockdowns ease, he said.

"We don't know how long or how deep the impact of these lockdowns will be," said Mr. Philalithis. "If the economy doesn't bottom in Q2, this is where the problems become more significant."

The yield on the 10-year Treasury note retreated to 0.616%, from 0.648% Wednesday, as investors sought assets perceived to be safe. Yields drop as prices rise.

Rising tensions between the U.S. and China have also come into focus in recent days. President Trump said in an interview with Fox Business Network that he is looking at Chinese companies that trade on U.S. stock exchanges and don't follow U.S. accounting rules, according to a tweet from reporter Maria Bartiromo. Earlier, the Global Times, a Communist Party-run newspaper, said that Beijing was exploring punitive countermeasures to U.S. lawsuits seeking damages from China for the pandemic.

Mr. Trump also told Fox that he wants a strong dollar to accompany the economic recovery. That is at odds with statements he has made in recent months that a stronger currency hurts U.S. exports. The ICE U.S. Dollar Index, which measures the currency against a basket of others, ticked up almost 0.2%.

The president also reiterated his support for negative interest rates. Federal Reserve Chairman Jerome Powell and other policy makers have pushed against it in recent days.

Asian markets fell in the wake of a selloff on Wall Street after Mr. Powell on Wednesday warned that the economic recovery may take longer "than we would like," and require more fiscal spending. Company revenues will be depressed for longer, and waves of business bankruptcies could follow, risking a much slower pace of improvement in the job market, he said.

Hong Kong's Hang Seng Index dropped 1.5% by the close of trading, while the Nikkei 225 index shed 1.7%. The Shanghai Composite Index retreated 1%.

Markets are weighed down by Mr. Powell's "extremely negative" remarks, according to Dwyfor Evans, head of macro strategy for Asia Pacific at State Street Global Markets. The Fed chairman is effectively "crying out for political assistance" in the form of greater government spending, he said.

The U.S. debate about rebalancing economic relations with China is likely to increase as November's presidential election approached, according to Thomas Poullaouec, Asia-Pacific head of multiasset solutions at T. Rowe Price.

However, Mr. Poullaouec said he doesn't expect any concrete actions given the economic backdrop, and so the trade issues would probably only increase volatility, rather than pull markets lower.

Write to Caitlin Ostroff at [e-mail] and Joanne Chiu at [e-mail]



(END) Dow Jones Newswires

May 14, 2020 08:03 ET (12:03 GMT)

[waldron] 14/5/2020 10:34

Stock futures stall in volatile session as Wall Street tries to stem the latest wave of selling

Published Wed, May 13 20206:00 PM EDT

Updated an hour ago

Fred Imbert
@foimbert

U.S. stock futures were little changed early Thursday after concerns over the U.S. economy and the market’s overall valuation sparked another sell-off in equities a day earlier.

Dow Jones Industrial Average futures implied an opening loss of less than 20 points. S&P 500 and Nasdaq 100 futures were also flat.

The Dow and S&P 500 fell 2.2% and 1.8%, respectively, during regular trading hours while the Nasdaq Composite lost 1.6%. Those declines followed a stark warning from Federal Reserve Chairman Jerome Powell.

[christh] 14/5/2020 10:17

Are the futures looking friendly or hostile?

[florenceorbis] 14/5/2020 10:17

RIO Deutsche Bank Hold 4,100.00 - Reiterates

[podgyted] 14/5/2020 07:37

Goldman positive(ish):-



Down 0.6% in Oz

[waldron] 14/5/2020 06:49

European markets head for lower open after warning from the US Fed

Published Thu, May 14 20201:26 AM EDT

Holly Ellyatt
@HollyEllyatt

Key Points

London’s FTSE is seen 39 points lower at 5,852, Germany’s DAX is seen 55 points lower at 10,489 France’s CAC 40 is seen 25 points lower ar 4,317 and Italy’s FTSE MIB is expected to open 104 points lower at 16,935, according to IG.

Investors will be pausing to digest an economic warning from the U.S. Federal Reserve’s Chairman Jerome Powell on Wednesday.

[waldron] 13/5/2020 19:30

Dow drops 450 points after Powell warns of ‘downside risks’


Published Tue, May 12 20206:05 PM EDT

Updated 8 min ago


Fred Imbert
@foimbert
Maggie Fitzgerald

[waldron] 13/5/2020 17:22

Iron Ore 88.35 +0.54(0.61%)
Gold COMEX 1,716.90 +0.59%
Silver COMEX 15.67 -0.25%
Platinum NYMEX 771.60 -0.75%
Copper COMEX 2.35 -0.36%
Brent Crude Oil NYMEX 29.68 -1.00%
Gasoline NYMEX 0.90 -3.89%
Natural Gas NYMEX 1.89 -3.82%
WTI 25.971 USD +0.72%


FTSE 100
5,904.05 -1.51%
Dow Jones
23,279.14 -2.04%
CAC 40
4,344.95 -2.85%
SBF 120
3,446.94 -2.72%
Euro STOXX 50
2,810.55 -2.72%
DAX
10,542.66 -2.56%
Ftse Mib
17,190.32 -2.10%



Rio Tinto
3,730.5 +0.46%

Bhp
1,344.2 -0.72%


Anglo American
1,377.6 -4.23%


Glencore
138.46 -6.09%

[waldron] 13/5/2020 16:32

Stocks fall for a second day, Dow now down 350 points

Published Tue, May 12 20206:05 PM EDT

Updated Moments Ago

Fred Imbert
@foimbert


Maggie Fitzgerald
@mkmfitzgerald

[christh] 13/5/2020 12:16

Thanks waldron