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.
Greece has a new prime minister and Italy is about to get one it seems as the Mediterranean turns technocrat in this time of apolitical need. Dow up 112.
The Conference Board believes average global GDP growth will slow into at least next decade, while a PIMCO survey finds an increasing number of global pessimists, with Australians among them.
Forex.com’s Kathleen Brooks asks the obvious question now that financial markets are back in turmoil.
With Italy’s yield now above 7%, attention has turned to whether the euro can be saved. Dow down 389.
Despite a more influential domestic economy, China will still be impacted by loss of export demand in the wake of the European crisis.
Paolo Manasse, professor of macroeconomics and international economic policy at the University of Bologna, argues Berlusconi’s departure is necessary but not sufficient to address Italy’s debt issues.
In another choppy session it was late news that Berlusconi is ready to stand down that kicked Wall Street to an optimistic close. Dow up 101.
A glance through the latest expert views and predictions about commodities with updates on base metal markets, why iron ore prices should strengthen and steel markets tighten and silver’s surplus.