Oil and stocks rocked and rolled last night on the Twitter-flow of rumours out of Libya. Dow down 37. (Locked for subscribers until 10:00 AEDST)
Saudi Arabia has moved to head off revolt with a huge social assistance package while the madman is still ranting in Libya. Oil surged last night, Wall Street fell. Dow down 107. (Locked for subscribers until 10:00 AEDST)
Having missed a session for Presidents’ Day, Wall Street’s 2% plunge last night brought it into line with world markets in reaction to the Libyan situation. Dow down 178.
With the US closed, stocks in Europe fell as the death toll mounted in Libya.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street again looked at local data and earnings for solace to post a slight gain despite protest deaths in Bahrain and Libya. Dow up 29.
Wall Street was back in buying mode last night on earnings and data, ignoring a provocative move from Iran. Dow up 61.
Stocks and commodities eased back last night after a good run with US data sufficient as an excuse. Dow down 41.
The minutes of the February RBA meeting show a board which has no rush to move on monetary policy settings in the current environment.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.