Everyone seems confident, but no word yet from Brussels on the Greek bail-out. Wall Street closed.(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.
European central banks have now agreed to join the Greek bond restructure while there is also talk of simply giving Greece a bridging loan. Dow up 123. (Accessible only for subscribers before 10:15 AEDT)
Wall Street appears at somewhat of a loss as to what one should do from here, and the Fed doesn’t seem to know either. Dow down 97. (Accessible only for subscribers before 10:15 AEDT)
A survey has shown holding cash as a risk reduction strategy is becoming increasingly popular for SMSF trustees.
Response in global markets overnight to the Greek vote was relatively muted as ratification yet awaits. Dow up 72. (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.
Kathleen Brooks of FOREX.com notes the ECB is trying to improve liquidity by extending eligibility criteria to make it easier for banks in the region to attract capital.
Greek politicians finally reached an agreement last night and will await EU approval. Wall Street shrugged. Dow up 6. (Accessible only for subscribers before 10:15 AEDT)
There was a lot of to-ing and fro-ing in Europe last night suggesting were are on the cusp of something, whatever that might be. Dow up 5. (Accessible only for subscribers before 10:15 AEDT)