CSR has delivered lower than expected interim result but the sale of the sugar division and potential capital management remain as catalysts.
Well at least the QE2 revelation, which was sufficiently in line with expectation, is now behind us. Dow up 26, Aussie now worth more than the greenback.
Anticipation of a Republican landslide along with QE2 comfort pushed stocks higher and the US dollar lower last night. Dow up 64.
A glance through the latest expert views and predictions about commodities, with an argument for short-term weakness in copper prices before the uptrend resumes.
The Dow was both up 125 and down 55 last night before closing flat as the buyers and sellers battled it out ahead of this week’s major events. Dow up 6.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Another big drop in the US dollar suggested QE2 positioning last night but stocks were unmoved. Dow down 12.
A glance through the latest expert views and predictions about commodities with Barclays seeing China as a driver of ag commodity markets, September trade data for China and forecasts for higher global steel output this year.
More talk from the “not quite as big as you think” camp on QE2 had the US dollar up and stocks down last night. Dow down 43.
Mixed data and earnings reports left Wall Street directionless last night. Dow up 5.