Currencies

OPEC failed to agree on a quota last night while Wall Street struggles to find impetus. Dow down 21.

Ben Bernanke quashed any expectations of QE3 in the near future last night, sending Wall Street plunging from its initial rally. Dow down 19.

Not only did the RBA not raise today, the language has become less hawkish.

Wall Street continued its post-jobs slide last night, sending the S&P through technical support. Dow down 61.

Market analysts at FXCM suggest the market is paying close attention to any hits or directions from the RBA on interest rates.

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Wall Street was heading south again last night until the ECB president calmed fears over Greece. Dow down 41. (Locked for subscribers until 10:00 AEDT)

June usually is a tough month for commodities and the US dollar, finds Barclays.

Market analysts at FXCM suggest while further strength in the Australian dollar can be expected over the next week or so, 10750 against the US currency is a resistance level.

US data have been weak of late, but a very weak ADP jobs number and then a later warning from Moody’s over Greece had markets reeling last night. Dow down 279. (Locked for subscribers until 10:00 AEDT)