Greece appears close to settling on its haircuts while a good result from Goldmans turned around US banks. Dow up 96. (Accessible only for subscribers before 10:15 AEDT)
China’s GDP, solid global economic indicators and successful European sovereign auctions sent Wall Street higher last night, hampered by worries over bank results. Dow up 60. (Accessible only for subscribers before 10:15 AEDT)
According to GaveKal, investors should not take negative guidance from the latest sovereign downgrades by S&P.
PFP Wealth’s Tim Price offers some sobering thoughts and observations about the world today and tomorrow.
European stocks rallied last night despite S&P’s after-market downgrades on Friday. New York was closed. (Accessible to subscribers only until 10:00 AEDT)
Peter Switzer of the Switzer Super Report suggests it’s too early yet to forecast a positive 2012 for equities, but there are promising developments.
Kicking off 2012 with a look at what’s coming up in the markets this week.
A glance through the latest expert views and predictions about commodities with ANZ noting Chinese confidence remains solid, NAB sees ongoing market headwinds and JP Morgan and UBS offer updates on the oil market.
Princeton University’s Hyun Song Shin explains why deleveraging of European banks will have significant implications for the rest of the world.
Forex.com’s Kathleen Brooks explains why the ECB dressed up like Santa Claus overnight.