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.
Strong US earnings drove a 300 point Dow rally last night before news of possible Ebola case in New York City shaved off 100 points by the close. Dow up 216. (Accessible only for subscribers before 10:15 AEST)
Respectable Chinese GDP, solid US earnings, more ECB stimulus, oil price stability, and easing of Ebola fears – whatever were we worried about? Dow up 215. (Accessible only for subscribers before 10:15 AEST)
Kathleen Brooks of FOREX.com puts forward a counterintuative argument that renewed Fed dovishness could actually prove positive for the greenback amidst global stimulus.
The ECB has begun buying covered bonds in member countries while mixed earnings results on Wall Street affected mixed index moves. Dow up 19. (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.
A brief look at important company events and economic data releases next week.
Wall Street recovered from another 200 point Dow fall to close square last night, prompting questions of whether 10% sees the correction completed. Dow down 24. (Accessible only for subscribers before 10:15 AEST)
Kathleen Brooks of FOREX.com discusses the implications of sudden surges in peripheral eurozone economy bond yields.