Currencies

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Is Wall Street finally sick of speculating on Fed policy? Several Fedheads turned dovish last night yet US stock markets closed flat. Dow down 6. (Accessible only for subscribers before 10:15 AEST)

Beijing has announced its intention to make the renminbi a fully convertible currency this year, but analysts believe this is an ambitious target.

A big jump in the oil price last night led Wall Street higher as the world awaits further stimulus from China. Dow up 75. (Accessible only for subscribers before 10:15 AEST)

Markets were stalled last night on mixed US earnings and data and ahead of today’s Chinese GDP release. Dow up 59. (Accessible only for subscribers before 10:15 AEST)

Nervousness with regard this week’s major US earnings releases had traders scurrying to the sidelines on Wall Street last night. Dow down 80. (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.

Greece made an eleventh hour payment to the IMF last night but markets remained more focused on US jobs and earnings. Dow up 56. (Accessible only for subscribers before 10:15 AEST)

The FOMC is at odds about when the first Fed rate rise might be. In other words, the Fed has no idea. Dow up 27. (Accessible only for subscribers before 10:15 AEST)

The start of the US earnings season tonight had Wall Street playing it cautiously last night. Dow down 5. (Accessible only for subscribers before 10:15 AEST)