Lower oil price a positive for Oz households; building stocks can still outperform; lower AUD is more probable than lower cash rate; and policy intervention likely in wagering.
For the 37th time in 2014, the Dow hit a new all-time high last night in rising 69 points. (Accessible only for subscribers before 10:15 AEST)
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
Wall Street was buoyed last night when it became clear the Republicans now have a majority in both houses. Dow up 100. (Accessible only for subscribers before 10:15 AEST)
Further falls in oil prices last night dragged on Wall Street and sparked selling in base metals. Dow up 17. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.
QE3 will end next month as planned but the Fed surprised the market by appearing more hawkish in its policy statement when more dovish was expected. Dow down 31.(Accessible only for subscribers before 10:15 AEST)
The Dow regained 17,000 last night in a typical pre-Fed-statement rally as investors anticipate soothing words. Dow up 187. (Accessible only for subscribers before 10:15 AEST)
Wall Street settled down to post a quiet session last night, eyeing off this week’s Fed meeting. Dow up 12. (Accessible only for subscribers before 10:15 AEST)