A brief look at important company events and economic data releases next week.
Spurred on by the Fed, Wall Street staged its biggest rally of the year last night. Dow up 421. (Accessible only for subscribers before 10:15 AEST)
Russia attempts to defend the ruble ahead of a wild ride on Wall Street last night. Dow down 111. (Accessible only for subscribers before 10:15 AEST)
Kathleen Brooks of FOREX.com notes the ECB’s bank loan program is just not working, forcing the central bank into inevitable QE and/or other solutions.
A brief look at important company events and economic data releases next week.
Global economic weakness fears reverberated around the globe over the last 24 hours, before Wall Street managed a turnaround from the depths last night. Dow down 51. (Accessible only for subscribers before 10:15 AEST)
While Australian traders were concentrating on bank relief and US jobs yesterday, the rest of the world was posting ever weakening data. Dow down 106. (Accessible only for subscribers before 10:15 AEST)
No new policy measures from the ECB, although rumour has it January might just be the month. Dow down 12. (Accessible only for subscribers before 10:15 AEST)
Commodity prices were thankfully more stable last night as Wall Street pressed on to further new highs. Dow up 33. (Accessible only for subscribers before 10:15 AEST)
Wall Street countered a big opening fall last night as oil prices finally bounced back hard. Dow down 51. (Accessible only for subscribers before 10:15 AEST)