Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The Fed’s further easing of monetary policy on Wednesday has added new stimulus to the risk-on trade over the past two sessions. (Accessible only for subscribers before 10:15 AEDT)
Agreement has been unable to be reached in Athens and US earnings reports were weak but the market does not want to tank. Dow down 33. (Accessible only for subscribers before 10:15 AEDT)
Still no word on Greece, but markets remain confident if not a little anxious. Dow down 11. (Accessible only for subscribers before 10:15 AEDT)
Barclays Capital notes the historical performance of various financial markets in the month of January and the March quarter.
The surge in the cost of aluminium production is forcing smelter closures across the globe. Barclays Capital discusses aluminium price implications.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street rose again last night, spurred on by successful eurozone bond auctions and reasonable US earnings results. Dow up 46. (Accessible only for subscribers before 10:15 AEDT)
Much has been said about the Baltic Dry Index and its implications of late, but this forward indicator lost its credibility long ago.
Barclays Capital sees limited downside for base metal prices in 2012, with upside potential appearing albeit dependent on this year’s headlines.