Putting election myths to the test, getting brave on retail stocks and contemplating a wider Syrian conflict. Bears prevail on fertiliser.
If WTI crude breaks up through US$115 the next stop is US$140, the Techwizard suggests.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Forex.com’s Kathleen Brooks discusses the outlook for crude oil futures.
Western allies are still deciding what should be done about Syria, while a surprise jump in the US GDP helped to support Wall Street. Dow up 16. (Accessible only for subscribers before 10:15 AEST)
Markets reversed some of their knee-jerk Syria reaction last night but oil prices continue to rise on fear of escalation. Dow up 48. (Accessible only for subscribers before 10:15 AEST)
Wall Street shifted to a traditional war stance last night with stocks down and bonds, gold and oil up in a safe haven rush. Dow down 170. (Accessible only for subscribers before 10:15 AEST)
Wall Street fell sharply following a television appearance by the Secretary of State last night, while the US debt limit looms. Dow down 64. (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.
Solid global economic data releases over the past 24 hours were well received by Wall Street, regardless of tapering concerns. Dow up 66. (Accessible only for subscribers before 10:15 AEST)