Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The oil price rebound appeared to exhaust itself last night, while weak US data again reduced any possibility of another Fed rate hike. Dow up 79. (Accessible only for subscribers before 10:15 AEST)
Market analysts at FXCM suggest last night’s Aussie dollar rally looks unsustainable.
An oil price rebound turned Wall Street on a dime last night in a wild session which saw the US dollar tank. Dow up 183. (Accessible only for subscribers before 10:15 AEST)
Another fall in oil and a big fall in US bond rates last night signal a world preparing for a more pronounced global slowdown. Dow down 295. (Accessible only for subscribers before 10:15 AEST)
Dovish commentary from a Fedhead managed to turn Wall Street around last night despite another plunge in oil prices. Dow down 17. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street returned to tracking the oil price last night, with a little help from Facebook. Dow up 125. (Accessible only for subscribers before 10:15 AEST)
The Fed managed to confuse, leading Wall Street to be uncertain over a March rate hike or not. Dow down 222. (Accessible only for subscribers before 10:15 AEST)
Wall Street continued to rally last night but on low volume, suggesting a pre-Christmas square-up rather than genuine buying. Dow up 165. (Accessible only for subscribers before 10:15 AEST)