Barclays Capital’s review of seasonal trends shows May tends to be a positive month for equities, energy and precious metals.
The TD Securities-MI inflation gauge for April recorded a gain of 0.4% for the month.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Confident of a Greek rescue, Wall Street embraced a raft of strong earnings reports and positive economic data last night. Dow up 122.
Australian wealth levels have rebounded quickly from the Global Financial Crisis and will give the RBA confidence to act as it sees necessary on interest rates.
There are three scenarios which could now play out in the eurozone – none of them good, but rather each bad to a greater degree.
Wall Street dismissed the inevitable downgrading of Spain last night and instead embraced the Fed’s brighter picture. Dow up 53.
A snapshot of economist responses to today’s CPI. The annual headline CPI rose from 2.1% to 2.9% in March but the underlying rate dropped from 3.3% to a 30-month low of 3.0%. Where does that leave the RBA?
S&P downgraded Greek debt to below investment grade last night and took Portugal’s rating down two notches. Dow down 213.