Mixed PMI estimates across the globe led to another limbo night on Wall Street ahead of…um…what? Dow up 18. (Accessible only for subscribers before 10:15 AEDT)
Geopolitical tensions have investors hesitating, but until Spain asks for a bail-out, the ECB remains on the sidelines and QE3 is offset. Dow up 11. (Accessible only for subscribers before 10:15 AEDT)
A sudden and unexplained plunge in the price of oil last night confounded Wall Street into a familiar, profit-taking Monday. Dow down 40. (Accessible only for subscribers before 10:15 AEDT)
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.
There was nothing really new here, just another pledge and a confirmation of rumours. But the world liked it. Dow up 244. (Accessible only for subscribers before 10:15 AEDT)
More rumours flowed last night with one night to go, this time suggesting the ECB will buy unlimited bonds and sterilise them. Dow up 11.(Accessible only for subscribers before 10:15 AEDT)
No commitment from the Fed and talk from Draghi that short-end bonds could be purchased left Wall Street undecided last night. Dow down 54. (Accessible only for subscribers before 10:15 AEDT)
With the US closed, European markets were stronger last night as weak data raised hopes for ECB action.(Accessible only for subscribers before 10:15 AEDT)
With the reporting season wrapping up last week, we look at what brokers had to say about the big iron ore plays, Chinese stimulus and the carbon tax.