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.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Strong US earnings drove a 300 point Dow rally last night before news of possible Ebola case in New York City shaved off 100 points by the close. Dow up 216. (Accessible only for subscribers before 10:15 AEST)
Respectable Chinese GDP, solid US earnings, more ECB stimulus, oil price stability, and easing of Ebola fears – whatever were we worried about? Dow up 215. (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.
Weak US data sparked a stunning capitulation in US bonds and Ebola helped the Dow to a 460 point drop before markets swung back violently in the afternoon. Dow down 173. (Accessible only for subscribers before 10:15 AEST)
In a thin semi-holiday session the S&P500 broke down through its 200-day moving average and triggered technical selling, as the buyers stood aside. Dow down 223. (Accessible only for subscribers before 10:15 AEST)
As Chinese property prices continue to decline, much comparison has been made to the Japanese property bust of the 1990s which sent Japan into its lost decade. But is this comparison justified?