Wall Street whimpered its way to quarter end last night on mixed moves, while commodities received a kick. Dow down 25. (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.
A rebound rally on Bridge Street yesterday and a turnaround rally on Wall Street last night hint at fund manager attempts to enhance returns for year/quarter end. Dow down 21. (Accessible only for subscribers before 10:15 AEST)
The US economy contracted by an historic 2.9% in the March quarter, so Wall Street rallied. Dow up 49. (Accessible only for subscribers before 10:15 AEST)
Australia’s resource sector is shifting into a production phase from an investment phase which should suggest upward pressure on the Aussie dollar from increased exports, but ANZ argues this is not necessarily the case.
As end of quarter approaches and risks rise, Wall Street decided last night it was time to lock in gains for the end of the quarter. Dow down 119. (Accessible only for subscribers before 10:15 AEST)
Kathleen Brooks of FOREX.com loooks at the potential for carry trade currencies such as the AUD, NZD and CAD to break to the upside.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Stocks took a breather on Wall Street last night but the inflation debate heated up as short-covering sent gold up 3.4%. Dow up 14. (Accessible only for subscribers before 10:15 AEST)
Janet Yellen has swung from “six months” to “it depends” when it comes to raising US rates, which is comfort for Wall Street. Dow up 98. (Accessible only for subscribers before 10:15 AEST)