The Australian mining boom is ending, growth forecasts have been eased for much of Asia and brokers ponder on Australia’s cash rate and taxes.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Bernanke has set the world straight, US earnings are reasonable, and US data are solid. Almost a too perfect world. Dow up 78. (Accessible only for subscribers before 10:15 AEST)
Wall Street seems finally woken up to the fact the Fed chairman has been playing the same tune for months. Dow up 18. (Accessible only for subscribers before 10:15 AEST)
All went a bit quiet last night as the world awaits the Fed chairman’s testimony to Congress, beginning tonight. Dow down 32. (Accessible only for subscribers before 10:15 AEST)
A benign Chinese GDP, more solid earnings results and mixed economic data were enough to see Wall Street graft further ahead. Dow up 19. (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.
Wall Street hit blue sky once more last night as new all-time highs in the S&P and Dow signalled the end of the tapering fear pullback. Dow up 169. (Accessible only for subscribers before 10:15 AEST)
Forget the minutes, Bernanke is not ready to start tapering, it would appear. Wall Street flat on close, but up in the after-market. (Accessible only for subscribers before 10:15 AEST)
Optimistic expectations for the earnings season are leading Wall Street back toward all-time highs. Dow up 75. (Accessible only for subscribers before 10:15 AEST)