PFP Wealth’s Tim Price and Killian Connolly point out the silly anomalies in today’s bond markets, and why Europe will remain troubled.
As European leaders meet in Brussels to argue over what to do next, global markets watch on in trepidation.
What to do about Europe? The Europeans don’t seem to know. Uncertainty breeds weakness as the bulls try hard to drive the Bernanke gravy train. Dow down 19.
An independent gauge for inflation in Australia suggests prices for fruit and vegetables and for rents are pushing up consumer inflation.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A big jump in US pending home sales and at least some reassurance from the ECB had Wall Street running hard for a second consecutive session. Dow up 106.
Barclays Capital looks at historical trends for financial markets in December.
Gerry Harvey fears Christmas might be dreadful for retailers. Australia’s economy continues to fracture into mining and energy on the one hand and everyone else on the other. And everyone else is slipping further behind.
Strong global manufacturing data and a solid private jobs report put Wall Street back into forward gear last night, and now there’s talk of the Fed printing money to help the IMF to save Europe. Dow up 250.
A snapshot of economist responses to today’s third quarter GDP result, which at 0.2% growth was below expectation.