The Australian dollar has surprised many with its strength this year but analysts at Citi and ANZ think this may be about to change, and highlight stock picks on this basis.
The Dow hit a new all-time high last night despite a weak US GDP and nothing new from the Fed. Dow up 45. (Accessible only for subscribers before 10:15 AEST)
The Dow again came close to a new all-time high last night as the Ukraine situation eased and Wall Street set itself ahead of a Fed meeting and barrage of global data from tonight. (Accessible only for subscribers before 10:15 AEST)
Wall Street rocked and rolled last night on a mix of solid US data, M&A, more tech selling and the ebb and flow of Ukraine/Russia news and rumours. Dow up 87. (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.
Wall Street paused last night ahead of aftermarket results from Facebook and Apple, and was not disappointed. Dow down 12. (Accessible only for subscribers before 10:15 AEST)
Analysts have some mixed views on the Australian dollar’s outlook.
The Dow flirted with a new all-time high last night as the Nasdaq recovered further in the Fed-driven rally. Dow up 65. (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 dovish Janet Yellen last night told markets the Fed will maintain support whenever and as long as it is necessary. Dow up 162. (Accessible only for subscribers before 10:15 AEST)