Oil tanked again last night, setting off a big sell-off on Wall Street as traders focused on the immediate negatives and wider impacts. Dow down 268. (Accessible only for subscribers before 10:15 AEST)
Global economic weakness fears reverberated around the globe over the last 24 hours, before Wall Street managed a turnaround from the depths last night. Dow down 51. (Accessible only for subscribers before 10:15 AEST)
While Australian traders were concentrating on bank relief and US jobs yesterday, the rest of the world was posting ever weakening data. Dow down 106. (Accessible only for subscribers before 10:15 AEST)
A brief look at important company events and economic data releases next week.
Commodity prices were thankfully more stable last night as Wall Street pressed on to further new highs. Dow up 33. (Accessible only for subscribers before 10:15 AEST)
Wall Street countered a big opening fall last night as oil prices finally bounced back hard. Dow down 51. (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.
AllianceBernstein argues structural reforms and targeted stimulus will prevent a hard landing for China’s economy but nonetheless ensure a long landing.
A round of global estimates of November PMIs caught economists by surprise last night as weakness abounded. Dow up 33. (Accessible only for subscribers before 10:15 AEST)
Wall Street posted a slightly more positive session last night but a three dollar plunge in the iron ore price will cloud the local market today. (Accessible only for subscribers before 10:15 AEST)