Currencies

A big revision for US GDP and a ten percent rally in oil prices dominated another wild ride on Wall Street last night. Dow up 369. (Accessible only for subscribers before 10:15 AEST)

The Dow posted its biggest percentage rally in four years last night in closing up over 600 points. (Accessible only for subscribers before 10:15 AEST)

The Dow rebounded over 400 points last night but heavy sell-on-close orders saw an afternoon drift-off to down 200. (Accessible only for subscribers before 10:15 AEST)

The Dow opened down over 1000 points last night before beginning a wild ride that saw the average almost square at lunchtime and down 588 at the close. (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.

Kathleen Brooks of FOREX.com discusses Fed rate rise anticipation in the wake of th release of the July FOMC minutes.

The usual suspects did not appear last night to support Wall Street as technical levels were again breached on global growth concerns. Dow down 368. (Accessible only for subscribers before 10:15 AEST)

Kathleen Brooks of FOREX.com warns those assuming the US dollar must rally once the Fed starts hiking rates might be disappointed.

The Fed minutes neither confirmed nor denied a rate hike in September, so Wall Street went on a wild ride. Dow down 162. (Accessible only for subscribers before 10:15 AEST)

Most global stock markets shrugged off a 6% fall in the Shanghai index yesterday, but commodity markets didn’t. Dow down 33. (Accessible only for subscribers before 10:15 AEST)