Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Chriss Tedder of FOREX.com suggests increased Greek default risk will affect strength in the higher-yielding Aussie and kiwi.
As the world awaits Greece’s fate, a big jump in US consumer spending rekindled Fed rate rise angst last night. Dow down 75. (Accessible only for subscribers before 10:15 AEST)
Enthusiasm has begun to wane as it appears Greece and its creditors are no closer to resolution. Dow down 178. (Accessible only for subscribers before 10:15 AEST)
Optimism reigns, but the Greek situation remains fluid and as yet unresolved. Dow up 24. (Accessible only for subscribers before 10:15 AEST)
European markets surged overnight as Greece’s creditors declared they may finally have the beginnings of a workable deal. Dow up 103. (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.
Will Greece shut its banks on the weekend? Dow up 180. (Accessible only for subscribers before 10:15 AEST)
The Fed provided no further clues last night as to when the first rate hike might be. Dow up 31. (Accessible only for subscribers before 10:15 AEST)
Global stock markets appeared to shrug off Greece last night in a reversal of mood, ahead of tonight’s Fed statement. Dow up 113. (Accessible only for subscribers before 10:15 AEST)