Last night’s collapse of the Dutch government adds to French election concerns as suddenly the focus swings well and truly towards “good” Europe within the wider crisis. Dow down 109. (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.
The Spanish auction was not an issue, but weakening US data now has Wall Street worried. Dow down 68. (Accessible only for subscribers before 10:15 AEDT)
US earnings are beating estimates but Wall Street is selling down stocks which don’t knock everyone’s socks off. Dow down 82. (Accessible only for subscribers before 10:15 AEDT)
There would have been a lot of weary computers drinking after market in New York bars last night, but not a lot of investors. Dow up 194. (Accessible only for subscribers before 10:15 AEDT)
Profit-taking in Apple dominated Wall Street last night despite the Dow trying to push higher (up 71) leaving the broad market index flat. (Accessible only for subscribers before 10:15 AEDT)
The TechWizard sees bullish signs for Aussie dollar price action as a moving average is breached.
Beijing’s announcement it will expand its range of yuan peg to the US dollar, allowing for further appreciation, has been welcomed across the globe.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
With little investor interest, it’s a traders market out there. Wall Street is jumping at each tidbit of news and speculation and last night that was positive. Dow up 181. (Accessible only for subscribers before 10:15 AEDT)