Low interest rates in developed economies are to stay low for longer, advocate economists Anton Brender and Florence Pisani.
Markets took a breather last night with the US closed for the Labor Day holiday.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Leading US funds manager BlackRock foresees authorities being forced to inflate the US out of debt and out of an increasingly likely dip back into recession.
A brief look at important company events and economic data releases next week.
More positive data last night has Wall Street primed for good news tonight on the jobs front, as a late rally suggests. Dow up 50.
This week’s GDP data suggest the Oz consumer is back on a spending spree, but Westpac economists believe there will be no return to boom times from the past.
Wall Street cherry-picked the good news last night from China, Australia and locally to stage a 254 point Dow rally. (Locked for subscribers until 10:00 AEST)
A snapshot of economist responses to today’s second quarter GDP result.
Barclays Capital has analysed seasonal trends for September and found the month tends to be bearish for equities and the US dollar but more positive for gold and energy prices.