Bonds/Interest Rates

A 274 point rally in the Dow may be welcome but not very convincing in many a view.

Forecast earnings downgrades continue for Aussie banks, but are they all priced in now?

Wall Street opened strongly last night, failed, and then kicked at the close. There is now a clear battle between buyers and sellers. Dow up 57.

Today’s statement released by the RBA suggests the reserve bank is happy to sit on the sidelines and to stay there.

The Reserve Bank of Australia left the official cash rate unchanged at 4.50% at its meeting this week.

While Wall Street enjoyed a public holiday the rest of the world took the opportunity to take a breather as well. European indices down 0.3% in thin trade.

A snapshot of economist responses to today’s TD Securities inflation gauge and ANZ’s job ads survey.

Risk assets posted bearish signals on price charts in Q2, but the TechWizard suspects we might see a rally in the short term.

A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Westpac suggests Australia is undergoing a sea change in consumer behaviour, which brokers see as having an impact on operations for retailers of consumer discretionary items in particular.