Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
FXCM Market analyst David Rodriguez takes a contrarian view on AUD/USD.
The S&P 500 is now only two points short of its all-time high. Is tonight the night? Dow up 83. (Accessible only for subscribers before 10:15 AEDST)
Australian exporters and importers have switched from expecting a weaker Aussie dollar to expecting a higher Aussie dollar, a Commonwealth Bank survey has found.
The US Dollar isn’t weakening on increasing risk appetite like it normally does, but ANZ says it’s still too early to call strength permanent.
The Dow yet again fell early and grafted back, to post its longest winning streak since 1996 with another 5 point gain. (Accessible only for subscribers before 10:15 AEDST)
The Dow recovered from earlier falls to close another 2 points into blue sky last night as the sellers failed to gain any traction. (Accessible only for subscribers before 10:15 AEDST)
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. With Australian economic data looking healthier and a drought starting to bite in New Zealand, ANZ recommends a long AUDNZD trade.
While Beijing is famous about maintaining control of the Chinese economy, there are a number of good reasons for China to internationalise the renminbi.
The Dow continues into blue sky, but the focus is now on the more indicative S&P 500 as it approaches its peak. Dow up 50. (Accessible only for subscribers before 10:15 AEDST)