A brief look at important company events and economic data releases next week.
Cisco Systems’ biggest share price drop in sixteen years dragged Wall Street lower as the Irish debt cauldron continues to bubble. Dow down 73.
China’s October CPI jump was the stand-out number amongst an otherwise relatively benign set of monthly data.
Westpac has attempted an extensive global and local economic forecasting exercise out to 2020 with somewhat of a roller coaster implied.
Wall Street reversed a sharp opening loss in lockstep with a reversing US dollar last night ahead of the G20. Dow up 9.
PFP Wealth’s Tim Price aint buying the Fed’s deception. He is forecasting some serious problems ahead.
A late notice from the CME that metals margins would be increased turned gold and silver around big time last night. Dow down 60.
The National Australia Bank Monthly Business Survey showed both business confidence and conditions in Australia weakened in October.
Renewed European debt fears gained momentum last night sending gold through US$1400 and the Dow down 37.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.