Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Worse than expected GDP results out of Japan and Europe last night dampened the mood, but Wall Street just doesn’t want to go down in any big way. Dow down 9. (Accessible only for subscribers before 10:15 AEDST)
Wall Street eased a little last night, but all eyes are on the ASX 200 and its nemesis, the 5000 mark. Can it hold? Dow down 36. (Accessible only for subscribers before 10:15 AEDST)
Global currencies road a rollercoaster of confusion last night as the Dow again closed above 14k, up 46 points. (Accessible only for subscribers before 10:15 AEDST)
Renewed market optimism bodes well for metal prices but will it last?
The G7 wants to publicly assure its commitment to market-determined exchange rates, which impacted on financial markets last night, for what it’s worth. Dow down 21. (Accessible only for subscribers before 10:15 AEDST)
The ECB joined the currency war last night, in talk rather than action, while Wall Street found it’s not that easy to pull back. Dow down 42. (Accessible only for subscribers before 10:15 AEDST)
Wall Street stalled last night and Europe contemplated its fate while the Japanese stock market is off to a flyer. Dow up 7. (Accessible only for subscribers before 10:15 AEDST)
Europe was quickly forgotten last night after the announcement of a big LBO sent the Dow scurrying back towards 14k once more, closing up 99. (Accessible only for subscribers before 10:15 AEDST)
European fears returned last night to snap Wall Street out of its complacency. Dow down 129. (Accessible only for subscribers before 10:15 AEDST)