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.
Kathleen Brooks of FOREX.com suggests ECB presdient Mario Draghi’s suggestion eurozone and US monetray policy is diverging should keep a lid on the euro.
Europe remains the source of angst as a data-related early rally on Wall Street was quickly snuffed out. Dow down 75. (Accessible only for subscribers before 10:15 AEST)
Italy has fallen back into recession and the German stock market is close to breaking down. Markets await the ECB meeting tonight. Dow up 13. (Accessible only for subscribers before 10:15 AEST)
Tuesday night has proven a blip as last night saw the selling return given several factors, including escalating geopolitical tension. Dow down 139. (Accessible only for subscribers before 10:15 AEST)
Wall Street rebounded last night following the bank bail-out in Portugal but is the correction really over? Dow up 75. (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.
A step-up in coordinated US-EU sanctions against Russia with regard finance, arms and energy last night had Wall Street a little nervous. Dow down 70. (Accessible only for subscribers before 10:15 AEST)