Wall Street was unable to shake off European concerns at the end of the month despite some positive economic data. Dow down 46.
German insistence that European sovereign bondholders will have to take a haircut after 2013 if needs be has forced a de-rating of all euro-debt despite the Irish bail-out. Dow down 39.
With weak operating conditions facing banks in FY11, the ignorant government witch hunt is not exactly helping.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Opinion pages and financial blogs have been going wild with visceral criticism of Ben Bernanke, the Fed, and its latest policy ploy. Is it justified?
Tim Price’s latest story is a must-read for investors worldwide. It most likely explains why QE2 is in place today.
Wall Street recovered ground from a steep loss as Moody’s threatens to downgrade Ireland and the FBI raided hedge funds for alleged insider trading. Dow down 24.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
With the CBA quarterly update now in following the other three majors’ full-year results previously, we can draw final conclusions on this quarter’s sector results.
Suncorp-Metway’s first quarter trading update has failed to excite the market and broker opinions on the stock remain mixed.