It was all quiet on the global market front last night ahead of the Fed and ECB meetings. Dow down 2. (Accessible only for subscribers before 10:15 AEDT)
The TechWizard reports the AUD/USD seems destined for much higher levels.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Draghi sparks up stock markets with some familiar platitudes, while elsewhere markets remain less convinced. Dow up 211. (Accessible only for subscribers before 10:15 AEDT)
A suggestion the ESM could secure a banking licence had the euro bouncing hard last night, gold up, and US stocks in a muddle. Dow up 53. (Accessible only for subscribers before 10:15 AEDT)
Greece can’t pay, Germany facing downgrade, US earnings hit by fiscal cliff, talk of Fed unlocking the safety catch. Something must shortly give. Dow down 104.(Accessible only for subscribers before 10:15 AEDT)
BIS Shrapnel’s 15-year forecast for the Australian economy sees a non-mining recovery as becoming the primary driver of growth.
This week ATW’s Jerry Simmons takes a look at a broad range of technical indicators, with the AUDUSD and Comex Gold featuring prominently.
Another Spanish state is ready for a bail-out while the signs indicate Greece may finally be about to be given the heave. Dow down 101. (Accessible only for subscribers before 10:15 AEDT)
Richard Krivo, Trading Instructor at DailyFX discusses the signifigance of the doji in candlestick analysis.