Currencies

Wall Street rallied last night on a weaker GDP result, implying a delayed Fed exit. Dow up 21. (Accessible only for subscribers before 10:15 AEST)

Wall Street has concluded that a Fed exit is inevitable eventually and has decided it’s time to switch out of yield stocks. Dow down 106. (Accessible only for subscribers before 10:15 AEST)

Just the week before last currency analysts at Commonwealth Bank cautioned to not get too used to the sinking AUD, now they’re saying get used to it.

Strong confidence and house price data pushed stocks up and bonds down on Wall Street, despite the Fed tapering risk. Dow up 106. (Accessible only for subscribers before 10:15 AEST)

It was quiet overnight with both the US and UK markets closed for holidays. (Accessible only for subscribers before 10:15 AEST)

Ford shuts shop in Australia, Australian dollar forecasts are reviewed and brokers ask when the rally in Australian banks will end.

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

Fed talk, weak Chinese data and a big sell-off in Japan have all made for a wild 24 hours on stock markets. Dow down 12. (Accessible only for subscribers before 10:15 AEST)

Wall Street was confused last night by Bernanke’s comments and the Fed minutes, but it appears a big sell order hit the market regardless. Dow down 80. (Accessible only for subscribers before 10:15 AEST)

By Rudi Filapek-Vandyck, Editor FNArena There are no two ways about it: the most important event over the past week…