Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Weak European data and the oversized shadow cast by Cyprus outweighed strong US and Chinese data last night. Dow down 90. (Accessible only for subscribers before 10:15 AEDST)
Wall Street shrugged off Cyprus and took heart in an unchanged Fed. Dow up 55. (Accessible only for subscribers before 10:15 AEDST)
A rejection of the bail-out package by the Cypriote parliament has sent the Eurozone ministers back to the drawing board. Dow up 3 points. (Accessible only for subscribers before 10:15 AEDST)
The mounting opinion is that the eurozone ministers will back down on the extremes of their bail-out package for Cyprus. Dow down 62. (Accessible only for subscribers before 10:15 AEDST)
Major Australian Brokers are almost unanimous in their appreciation of Oil Search. FN Arena looks at why.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Brokers find coal looks forlorn while gold costs loom large. Nickel is stuck in a range while oil & gas producers may soon become yield stocks.
The S&P 500 is now only two points short of its all-time high. Is tonight the night? Dow up 83. (Accessible only for subscribers before 10:15 AEDST)
Cost cutting, improved efficiencies and asset sales are the goals of the three big Australian miners BHP, Rio and Fortescue. Analysts suggests subsequent re-ratings are on the cards.