Analysts at CIBC Capital Markets see a flattening yen, a stronger USD and a weaker Aussie… soon.
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.
Commodities consolidated and some buying emerged, but weak data and mixed earnings results are maintaining the pressure on Wall Street. Dow down 81. (Accessible only for subscribers before 10:15 AEST)
It appears global markets may have woken up to the realisation the risk trade has run just too far ahead of global economic reality. Dow down 138. (Accessible only for subscribers before 10:15 AEST)
Following Monday’s disappointing Chinese March quarter GDP release, analysts have reassessed their expectations for ongoing Chinese economic growth.
An assumed terrorist attack at the Boston Marathon occurred late in a session, which was already very weak on Wall Street due to China. Gold has collapsed. Dow down 265. (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.
There has been much talk of a recovering global economy. Economists discuss the realities of the outlook from here.