Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A glance through the latest expert views and predictions about commodities with brokers positive on copper and gold while UBS warms to thermal coal.
Spain is downgraded, putting more pressure on Madrid, while Apple’s influence on US indices continues to be significant. (Accessible only for subscribers before 10:15 AEDST)
Economists see a tough road to recovery for China. GDP growth, iron ore forecasts and other commodity prices are revised.
Spain, Greece, US earnings, economy downgrades, the fiscal cliff – eventually something had to give. Dow down 128. (Accessible only for subscribers before 10:15 AEDST)
A sudden plunge in the euro last night that sent Wall Street packing has been blamed on a misquote in Spanish bond yields. Dow down 110. (Accessible only for subscribers before 10:15 AEDST)
Wall Street did a whole lot of nothing last night on a part holiday as earnings approach and eurozone finance ministers meet. Dow down 26. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Round one went to Wall Street’s man Romney, but a bounce in oil and more confirmation from the ECB were also factors last night night. Dow up 80. (Accessible only for subscribers before 10:15 AEDT)
Jonathan Barratt of Barratt’s Bulletin is long copper despite a weaker global economy, and explains why.