Currencies

Wall Street traded down last night largely because there was no reason to trade up. Dow down 79.

Standard Chartered’s analysis suggests seasonal factors should see the yen weaken after the end of the Japanese financial year in March.

Wall Street ended the worst week of 2009 with a half-hearted rally. Dow up 32.

With no Chinese stimulus package forthcoming, Wall Street went back into fear mode last night. Dow down 280.

Some positive hints from China provided Wall Street with a long-awaited bounce as commodities soared. Dow up 150.

Westpac economist Bill Evans has been talking to Americans about both our markets.

Wall Street fought back from new lows last night as presidents, treasury secretaries and Fed chairman all had something to say. The Dow closed down 37 as analysts contemplated the significance of a twelve-year low.

Confirmation of a record loss from AIG and a huge rights issue from HSBC sent global markets tumbling overnight. Dow down 300. (Locked for subscribers until 10:00 AEDT)

The Dow’s 1.7% drop was not as bad as the dire newsflow would have lead you to expect.

Recent yen weakness is expected to continue.