Wall Street was steady all day up until the traditional last half hour square-off. Dow down 43. (Accessible only for subscribers before 10:15 AEDT)
Kathleen Brooks of FOREX.com discusses recent comments from Fed Chairman Ben Bernanke and financial markets’ response.
A speech by Ben Bernanke hinted QE3 was not off the table at all. Dow up 160. (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.
It was a “risk off” session as weak data from both Europe and China gave Wall Street a good excuse to sell. Dow down 78. (Accessible only for subscribers before 10:15 AEDT)
A Consumer Credit Expectations survey by Dun and Bradstreet shows Australian families are struggling to manage their debt levels, while a Genworth survey suggests homebuyer confidence is increasing.
Chinese demand growth for iron ore is slowing, said BHP yesterday, and last night Wall Street panicked. Dow down 68. (Accessible only for subscribers before 10:15 AEDT)
CBA’s Business Sales Index rose for the third month in a row in February, suggesting a recovery is gathering momentum despite still fragile consumer confidence.
The positive vibe continues on Wall Street with surging Apple shares at the helm. The Dow was only up 6 points last night but the Nasdaq rose 0.8%. (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.