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.
Fears over a possible Portuguese bank default sent global stock markets plunging last night, although Wall Street rebounded to a less worrisome close. Dow down 70. (Accessible only for subscribers before 10:15 AEST)
Kathleen Brooks of FOREX.com discusses the potential fall-out from the big French bank fine and its potential impact on the European financial sector and currency.
Wall Street paused last night following last week’s strong jobs number but tonight attention turns to the June quarter earnings season. Dow down 44. (Accessible only for subscribers before 10:15 AEST)
While the ECB left rates unchanged last night Mario Draghi did signal a new apporach to policy setting and disclosure, notes Kathleen Brooks of FOREX.com.
The US jobs report blew away expectations. Dow up 92 in a half session. (Accessible only for subscribers before 10:15 AEST)
One academic discusses the advantages of the haves and have-nots of the eurozone splitting to form two separate currencies.
Wall Street marked new all-time highs again last night, simply as an opening gambit for the new quarter. Dow up 129. (Accessible only for subscribers before 10:15 AEST)
A brief look at important company events and economic data releases next week.