Confirmation from Germany, France and Greece that the latter would remain in the eurozone come hell or high water relieved markets last night. Dow up 140.
ATW’s Jerry Simmons casts aside doom and gloom predictions elsewhere and states his technical analysis of risk assets still suggests technical support levels remain alive and might well hold.
Wall Street bounced around in a relatively tight range last night as no new news emerged from Europe. Dow up 44.
Market analysts at FXCM suggest a major top is being carved out for the Australian dollar against the greenback.
A report suggesting China will buy Italian sovereign debt turned Wall Street around last night. Dow up 68.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Bernanke somehow disappointed Wall Street ahead of Obama’s speech this morning, sending the Dow down 119.
Wall Street took heart from the positive German court ruling last night. Dow up 275.
CSL’s profits are undermined by a rising Swiss franc, so what are the implications of last night’s intervention announcement from the Swiss National Bank?
FXCM sees a breakdown in AUD/CAD as the technical picture is supported by the market expecting cuts to interest rates by the Reserve Bank of Australia.