CBA appears the clear leader among banks; advertising weak over first half; low inflation key to consumption growth; Snowy Hydro privatisation?
Wall Street shot up from the open last night on reassurance the Fed is not going to move in any hurry. Dow up 109. (Accessible only for subscribers before 10:15 AEST)
The Philippines and ore exports; Deutsche Bank rejigs long-term base metals forecasts; Good Oil Conference delegates upbeat; and Metals X steps up gold production.
“Considerable time” is still in there, but the Fed’s forward interest rate assumptions have shifted higher. Dow up 24 and the Aussie has an 8 in front of it. (Accessible only for subscribers before 10:15 AEST)
A report suggesting the Fed won’t shift policy tonight, coupled with Chinese stimulus, sent markets into rapid reverse-mode last night. Dow up 100. (Accessible only for subscribers before 10:15 AEST)
The great carry trade unwind continues across the globe ahead of tomorrow night’s Fed statement. Dow up 43. (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.
Wall Street and global markets will agonise over an anticipated change in Fed policy for another week until the meeting. Dow down 19. (Accessible only for subscribers before 10:15 AEST)
The polls have swung on the highlands and Wall Street has decided Apple’s new products are winners. Dow up 54. (Accessible only for subscribers before 10:15 AEST)
Speculation that the Fed will make a significant change in policy next week had Wall Street nervous last night. Dow down 97. (Accessible only for subscribers before 10:15 AEST)