The Fed doves were again vocal last night, confirming QE can just as easily be increased as decreased in the near term. Dow up 52. (Accessible only for subscribers before 10:15 AEST)
Forex.com’s Kathleen Brooks ponders whether US equities and the US dollar are developing a parallel relationship?
This week’s Fed comments have begun from the dovish side of the aisle, sending the US dollar down and forcing a short-covering scramble in gold. Dow down 19. (Accessible only for subscribers before 10:15 AEST)
This week ATW’s Jerry Simmons sees both the gold price and the euro at critical levels where a bounce or more downside hangs in the balance.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
While currency analysts at Commonwealth Bank see plenty of scope for a slightly weaker AUD near-term, they also think the dip will prove shallow and temporary.
A strong read on Japan’s GDP was nervously welcomed, while more weak US data rolled out amidst endless QE exit talk. (Accessible only for subscribers before 10:15 AEST)
Fed exit? Not on last night’s US data. The longer the Fed stays, the more Wall Street rallies. Dow up 60. (Accessible only for subscribers before 10:15 AEST)
The rising stock market and rising US dollar are feeding on each other to maintain the momentum on Wall Street. Dow up 123. (Accessible only for subscribers before 10:15 AEST)
The timing of a Fed exit is the new hot topic on Wall Street, yet stocks closed flat last night. Dow down 26. (Accessible only for subscribers before 10:15 AEST)