Wall Street fell on negative cliff rhetoric on Tuesday and recovered on positive cliff rhetoric last night. Nothing else matters. Dow up 106. (Accessible only for subscribers before 10:15 AEDST)
The positive of a green light for Greece’s bail-out tranche lost it’s glow in the shadow of the cliff. Dow down 89.(Accessible only for subscribers before 10:15 AEDST)
Danske Bank suggests the case for a weaker yen against the US dollar continues to build, while Deutsche Bank sees scope for gold to continue to perform well in yen terms.
With Wall Street returned to normal service, traders looked askance at Friday’s unsupported rally. Dow down 42. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Chinese data helped boost European stocks while the US gave thanks last night. (Accessible only for subscribers before 10:15 AEDST)
Wall Street shook off Greece and embraced a Middle East ceasefire before disappearing at lunchtime ahead of the holiday break. Dow up 48. (Accessible only for subscribers before 10:15 AEDST)
Wall Street dipped on cliff talk from Bernanke last night, but recovered from a decent drop to be flat at the close. Dow down 7. (Accessible only for subscribers before 10:15 AEDST)
A wrap of the day’s activity on the Australian stock market.
Australian assets and the Australian dollar are likely to be further underpinned now the IMF has added the Aussie to the previous list of five global reserve currencies.