Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
By Rudi Filapek-Vandyck, Editor FNArena It is easy to think the October-November rally for global equities is nothing but a…
Experts’ focus is shifting towards China, while stockbrokers have been updating their preferences in the share market.
There is a risk inevitable recession in Europe could lead to global recession, but Danske Bank believes this will not be the case as other economies step up.
Softening Chinese steel demand suggests a weak short-term outlook for steel but expectations remain for a tighter market and higher margins from 2013.
The Conference Board believes average global GDP growth will slow into at least next decade, while a PIMCO survey finds an increasing number of global pessimists, with Australians among them.
With Italy’s yield now above 7%, attention has turned to whether the euro can be saved. Dow down 389.
Despite a more influential domestic economy, China will still be impacted by loss of export demand in the wake of the European crisis.
A glance through the latest expert views and predictions about commodities, with cost curves expected to support prices, an over-reaction in iron ore prices and adjustments to metal price estimates.
In another choppy session it was late news that Berlusconi is ready to stand down that kicked Wall Street to an optimistic close. Dow up 101.