Both the US and Australian markets are finding it difficult to push on past previous highs at present. Dow down 27. (Accessible only for subscribers before 10:15 AEDST)
New retailers are coming to Australia, house prices are going up but so is unemployment. Telcos grow and churn while headwinds increase for Chinese exports.
A solid US manufacturing report rather brings the snow excuse into question as Wall Street erases yesterday’s losses. Dow up 92. (Accessible only for subscribers before 10:15 AEDST)
CBA analysts play down last month’s emerging market currency “crisis” as being either unusual or overly dangerous.
Indecision among Fed members on interest rate timing sent Wall Street tumbling last night. Dow down 89. (Accessible only for subscribers before 10:15 AEDST)
Another day, another session of supposedly weather affected US data. Dow down 23. (Accessible only for subscribers before 10:15 AEDST)
The US is now enduring possibly its worst storm of the winter as Wall Street decides it’s safest just to buy. Dow up 63. (Accessible only for subscribers before 10:15 AEDST)
Janet Yellen read from Bernanke’s script last night and Wall Street was relieved. Dow up 192. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Brokers still see another RBA rate cut as possible, while US growth is accelerating. Competition cools in Oz electricity market and Merrills reviews the regulated utilities.