Ho hum, the US government has shut down. Dow up 62. Commodities not impressed, nevertheless. (Accessible only for subscribers before 10:15 AEST)
Congressional leaders will continue to negotiate this morning ahead of what still looks like an inevitable US shutdown. Dow down 128. (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.
A brief look at important company events and economic data releases next week.
Growth in property investment by SMSFs questioned by RBA, residential developers well placed in the housing recovery while bond proxies are the answer for Credit Suisse.
Fiscal policy has now become the focus on Wall Street as politician-speak sparks volatility. Dow up 55. (Accessible only for subscribers before 10:15 AEST)
Jonathan Barratt of Barratt’s Bulletin makes the case for the traditional correlation between US bonds and gold providing support for the gold price.
Wall Street drifted lower again last night, posting the longest losing streak in nine months. Dow down 61. (Accessible only for subscribers before 10:15 AEST)
Forget tapering for now, next week requires passage of the new US fiscal year budget through Congress and a blockage is threatened. Dow down 66. (Accessible only for subscribers before 10:15 AEST)
Ramblings from various Fed presidents only served to make monetary policy even less clear last night. Dow down 49. (Accessible only for subscribers before 10:15 AEST)