Greece is now spiralling towards default as talks break down. What did the option really look like anyway?
There was a lot of to-ing and fro-ing in Europe last night suggesting were are on the cusp of something, whatever that might be. Dow up 5. (Accessible only for subscribers before 10:15 AEDT)
Wall Street again turned a drop into a rally last night helped by Uncle Ben not ruling out QE3. Dow up 33. (Accessible only for subscribers before 10:15 AEDT)
Austerity package resolution is “close” in Athens as is the separate issue of debt resolution as the world again watches and waits in frustration. Dow down 17. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
Positive global manufacturing data had Wall on a run last night as the clock still ticks in Athens. Dow up 83. (Accessible only for subscribers before 10:15 AEDT)
A glance through the latest expert views and predictions about commodities, with analysts updating price expectations for the year ahead.
Brokers continue to offer their “expected surprises” for the result season and discuss how they see 2012 playing out for the local market.
Still no result in Athens, US earnings continue to disappoint and now US economic data are starting to fade. Dow down 20. (Accessible only for subscribers before 10:15 AEDT)