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Rudi on Thursday
Oct 04 2006
Weekly musings from your editor.
Oil Drives Wall Street Higher, Gold Lower
Oct 04 2006
As the oil price fell back below US$60/bbl the Dow closed at a record high and the bottom fell out of the gold market.
Rudi on Thursday
Sep 27 2006
Weekly musings from your editor.
NZ Trade Deficit Continues To Support Soft Landing Thesis
Sep 27 2006
New Zealand’s trade balance was surprisingly larger than expected in August, but brokers have not changed their view the trend is improving and a soft landing remains likely.
Wall Street Approaches Record Highs
Sep 27 2006
Renewed confidence is providing momentum as the Dow hits its second highest ever close last night.
Economic Slowdown Fears Now Grip Wall Street
Sep 22 2006
Unchanged Fed rates may have been a positive for Wall Street earlier in the week, but now the focus turns to a slowing economy.
No Rise, No Surprise On Wall Street
Sep 21 2006
The Fed left rates unchanged as expected, oil fell further, and the world is a happy place. Isn’t it?
Rudi on Thursday
Sep 20 2006
Weekly musings from your editor.
Iran May Dump The Dollar, While India Targets A Gold ETF
Sep 18 2006
Tensions are simmering again as the US attempts to block Iranian banks suspected of funding terrorism. In the meantime, India is to get its own gold exchange-traded fund.
Benign CPI Heartens Wall Street
Sep 18 2006
The US CPI for August came in at 0.2% rise – half of July’s.
