A special, early edition of your editor’s weekly musings: Made in China, but not as you know it.
The computers at the NYSE couldn’t cope yesterday, leading to questions over the accuracy of closing prices.
The Dow Jones Index was down over 500 points at one point last night as the Chinese stock market suffered its biggest fall in a decade.
Recent developments have led investment consultants GaveKal to consider reining in their very strong bullish stance on global equities.
ANZ Banking Group suggests while the Australian dollar has enjoyed support from commodity prices in recent weeks, US economic issues should guide the currency from here.
Australian economic data start to build up this week to accompany another peak week of company reporting. Plus metals seem back in fashion.
A higher than expected CPI number dampened the Dow but sent gold soaring 3%.
Weekly musings from your editor.
It’s wage week in Australia as the RBA governor testifies to parliament.
When the Fed chairman testified to Congress, it was news the market wanted to hear.