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)
This week ATW’s Jerry Simmons looks at technical levels in Chinese stocks which will influence global equities, oil testing support levels and more besides.
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)
Brokers look at why RBA rate cuts may not have the desired effect and who is winning in the telco stakes.
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)
A dire warning from Hewlett Packard and a technical breakdown in oil offset solid US economic data last night. Dow up 12. (Accessible only for subscribers before 10:15 AEDT)
Technical analysis says the Aussie should go lower, but fundamentally Aussie dollar downside is limited by a capped US dollar.
Madrid has rejected the idea of a bail-out and Wall Street frets over the upcoming earnings season. Dow down 32. (Accessible only for subscribers before 10:15 AEDT)