Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The yen crashed 3% last night on announced stimulus, while Wall Street put on a brave face against more weak data. Dow up 55. (Accessible only for subscribers before 10:15 AEDST)
Weak US data, an unnerving comment from a Fed president and a sudden appreciation of North Korean bellicosity sent Wall Street rushing for the exits last night. Dow down 111. (Accessible only for subscribers before 10:15 AEDST)
Prices for several commodities – oil, iron ore and coal – came of their highs over March and analysts ask whether these levels will be regained.
Wall Street doesn’t much care about North Korea, or Europe for that matter. Dow up 89. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The world was reminded last night Italy still has no government, while Cyprus has moved to limit money transfers ahead of bank re-openings. Dow down 37. (Accessible only for subscribers before 10:15 AEDST)
The shadow of Cyprus and some mixed US economic data could not stop a return to strength on Wall Street. Dow up 111. (Accessible only for subscribers before 10:15 AEDST)
Is Cyprus a template for other bail-outs? Maybe yes, maybe no, maybe European politicians have stuffed it up again. Dow down 64. (Accessible only for subscribers before 10:15 AEDST)
Ahead of the Herd’s Rick Mills believes there are compelling reasons to invest in junior resource companies.