Bonds/Interest Rates

The Dow recovered from down 120 last night to close up 44 as traders attempted to digest economic data and other developments.

Employment increased by over 52,000 in November compared to 20,000 expected, but there were some factors that may make this number even more unreliable than most.

A globally coordinated central bank rescue package announced by the Fed last night sounded pretty good, but ultimately failed to excite. The Dow closed up 41.

FNArena presents a correlation of a wide range of analyst views as to what 2008 will bring for the global economy and financial markets.

A minor tick up in Aussie confidence in December was a solid result.

A 25/25 rate cut saw the Dow fall 300 points last night.

NAB has released the results of its November business survey.

The Dow rallied 100 points last night despite another big subprime write-down – this time from UBS.

At 94,000, US jobs growth found an equilibrium point that resulted in a flat close on Wall Street.

With the ratification of the Bush subprime bail-out plan, the Dow soared another 175 points.