Peter Switzer of the Switzer Super Report questions why the RBA would not cut its cash rate.
Fiscal cliff and Europe – nothing’s changed. Dow down 121. (Accessible only for subscribers before 10:15 AEDST)
Wall Street responded poorly to another four years of deadlocked government and now that the election is over, Europe is back in the frame. Dow down 312. (Accessible only for subscribers before 10:15 AEDST)
A newspaper error had Romney ahead in Ohio in early polling, triggering technical buying. But Wall Street decided to hang in there anyway. Dow up 133. (Accessible only for subscribers before 10:15 AEDST)
A wrap of the day’s activity on the Australian stock market.
Inflation and the world economy were reasons given by the RBA not to cut today.
The RBA today decided to leave its cash rate unchanged at 3.25%.
Wall Street was quiet last night ahead of an election most continue to claim is too close to call. Dow up 19. (Accessible only for subscribers before 10:15 AEDST)
A wrap of the day’s activity on the Australian stock market.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.