To raise or not to raise? The pros and cons are finely balanced according to the RBA minutes.
A good result from Citi and relief on foreclosures had the banks leading indices higher last night. Dow up 80.
Three of the Big Four banks will begin to report full-year earnings next week along with a first-half result from Macquarie Group.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Brokers believe Bank of Queensland shows value but also that management’s return on equity target is a big ask in the current environment.
A brief look at important company events and economic data releases next week.
Financial stocks were slapped on Wall Street last night as potentially fraudulent sub-prime activity came back to haunt the majors. Dow down one point in an otherwise resilient market.
Last night’s rally on Wall Street is a hard one to decipher other than it looks like some buying might be coming in. Dow up 75. (Locked for subscribers until 10:00 AEDST)
National Australia Bank’s September quarter property survey suggests while all sectors should perform better in the year ahead, house price growth is expected to be modest.
Many a commentator is suggesting gold is overbought, but can it simply keep going up regardless?