Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
There was not a lot to justify a strong session on Wall Street, but the sellers are on holiday. Dow up 85. (Accessible only for subscribers before 10:15 AEDT)
A raft of mostly positive US data was met with ambivalence last night by the three traders left on Wall Street. Dow down 7. (Accessible only for subscribers before 10:15 AEDT)
This week ATW’s Jerry Simmons looks at the AUD rally, noting a slide in the Aussie vs the euro could presage a bull run in global equities.
Is a solid US retail sales number good news or bad news? Wall Street doesn’t know either. Dow up 2. (Accessible only for subscribers before 10:15 AEDT)
Wall Street is now struggling to hang on to gains amidst peripheral newsflow and silence from Europe. Dow down 38. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Northern financial markets have ground to a summer holiday halt with three more weeks of speculation to go. Dow down 10. (Accessible only for subscribers before 10:15 AEDT)
Market analysts at FXCM note the S&P rally has stalled as the US dollar trades around a key support level. They suggest a turn lower for equities could boost the currency.
There’s not much incentive to sell, but yet no confirmation of reasons to buy at this point. Dow up 7. (Accessible only for subscribers before 10:15 AEDT)