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Quiet Wall Street Session Ahead Of Friday’s Payroll Data
Oct 05 2007
Nobody was willing to stick out his neck ahead of Friday’s all-important nonfarm payrolls data in the US. Base metals took a breather, but gold managed to advance.
Computer Chips Chopped On Wall Street
Oct 04 2007
A warning by Morgan Stanley saw shares of technology companies take a dive, adding to the overall shaky sentiment ahead of Friday’s jobs report.
Desperate British Banks Turn To Europe
Oct 03 2007
The British banking system is still in turmoil as cheaper and less overt ECB funds are being sought.
Wall Street Ends Mixed
Oct 03 2007
Stock markets finished mixed as housing woes continued and gold took a tumble.
Parity For Australian Dollar Against The US?
Oct 02 2007
TD Securities sees scope for the Australian dollar to trade at parity or beyond against the US dollar, with Danske Bank expecting the US Dollar to remain weak while the Fed are alone in cutting rates.
Wall Street Report (Monday)
Oct 02 2007
All is forgiven. The Dow closed at a new record high last night as Citigroup aired its dirty laundry.
The Week Ahead: What Will Europe Do?
Oct 02 2007
The RBA is expected to leave rates unchanged on Wednesday but it’s still uncertain what the ECB and BoE will do with rates on Thursday.
Wall Street Report (Friday)
Sep 30 2007
The Dow closed off the quarter with a small down day.
More Of The Same
Sep 28 2007
Jobs numbers were good, housing numbers were woeful (which is good), oil shot up again (which is good for oil stocks) and end of quarter window dressing is in play.
More Good News And Bad News (Which Is Good)
Sep 27 2007
The Dow ratcheted up another 100 points last night driven largely by GM. Bear Stearns rumours also fuelled the fire along with a very poor durable goods number.
