An easing of tension in Egypt, an easing of political tension in Portugal, and dovish commentary from both the ECB and BoE sent European stocks soaring last night in thin trade. (Accessible only for subscribers before 10:15 AEST)
Strong jobs numbers sent Wall Street off to a positive holiday break, while Egypt took focus and European issues resurfaced. Dow up 56. (Accessible only for subscribers before 10:15 AEST)
More solid US data were met by more world rumblings last night as traders eyed the fourth of July. Dow down 42. (Accessible only for subscribers before 10:15 AEST)
FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. ANZ analysts see a period of corrective rebounds in the offing for the Aussie dollar inside a wider downtrend.
Positive data everywhere but China had global markets on the rise last night, and commodity prices jumping. Dow up 65. (Accessible only for subscribers before 10:15 AEST)
Phillip Capital reviews Australian economic data and moves in stock, currency and gold markets.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Fed regional presidents stepped in last night to explain to markets that there is no need to believe the Fed will start tapering anytime soon. Dow up 114. (Accessible only for subscribers before 10:15 AEST)
Iron ore is expected to firm a little then soften, rising coal supply is pressuring prices, while the falling AUD is helping domestic miners across the board, although there is little good news for gold.