Chinese liquidity issues have been shrugged off as reasonable earnings reports drive Wall Street higher. Dow up 95. (Accessible only for subscribers before 10:15 AEST)
China’s recovery took a step back yesterday with news of extensive loan write-downs by the country’s biggest banks and another Shibor scare. Dow down 54. (Accessible only for subscribers before 10:15 AEDST)
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 is quietly confident a meeting this morning between the president and Congressional leaders will at least result in an extension. Dow up 64. (Accessible only for subscribers before 10:15 AEDST)
The confirmation of Janet Yellen’s appointment as Fed chair provided some respite from the shutdown/ceiling debacle last night. Dow up 26. (Accessible only for subscribers before 10:15 AEST)
Kathleen Brooks of FOREX.com despairs that the two parties appear to be drifting further apart on Day 8 of the shutdown. Meanwhile, Europe has its own problems.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
With no real end in sight to the US budget impasse, Wall Street continues to drift lower, aided last night by some disappointing data and dramatic incident in Washington. Dow down 136. (Accessible only for subscribers before 10:15 AEST)
Forex.com’s Kathleen Brooks explains why the outlook for the euro might have improved this week.