The Chinese rate rise pushed up the US dollar last night sending stocks down ahead of news the NY Fed is suing BofA. Dow down 165.
To raise or not to raise? The pros and cons are finely balanced according to the RBA minutes.
A good result from Citi and relief on foreclosures had the banks leading indices higher last night. Dow up 80.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A growing number of market experts is preaching caution. Maybe investors should take these warnings on board?
A brief look at important company events and economic data releases next week.
Financial stocks were slapped on Wall Street last night as potentially fraudulent sub-prime activity came back to haunt the majors. Dow down one point in an otherwise resilient market.
Last night’s rally on Wall Street is a hard one to decipher other than it looks like some buying might be coming in. Dow up 75. (Locked for subscribers until 10:00 AEDST)
Many a commentator is suggesting gold is overbought, but can it simply keep going up regardless?
The Fed minutes went another step to confirming QE2 is due next month, but markets are now finding it tough to get more excited. Dow up 10.