..but the finance ministers are concerned about US dollar volatility, and are expecting the world economic slowdown to worsen.
The Dow fell 256 points on Friday following a poor result from Dow icon General Electric.
Mixed messages had the Dow rocking and rolling its way to a 54 point rise.
A new record for oil, a near record for copper, and a big move in aluminium were highlights in a session that saw the Dow down 49.
Shares in BHP jumped 5% in offshore markets last night following speculation China is looking to move on BHP. The Dow closed down 36 points.
The Dow closed unchanged last night ahead of the “official” kick-off of the earnings season. Commodities were strong once more.
The worst jobs number in five years did not set off a slide on Wall Street.
Wall Street went quiet last night ahead of tonight’s jobs numbers, as the market remained glued to coverage of the testimony to Congress.
A fall of 45 points in the Dow suggests Tuesday’s rally is holding up okay. Bernanke joins the recession chorus.
As its previous targets for the US dollar against the euro and the yen have been attained Danske Bank has reviewed the outlook for currency markets and concludes further US dollar weakness is likely.