A brief look at important company events and economic data releases next week.
Peter Switzer of the Switzer Super Report discusses wehn it might be the right time to buy the Big Australian.
The St Louis Fed president last night shot down the heightened QE3 expectations emanating from the release of the minutes of the last Fed meeting the night before. Dow down 115. (Accessible only for subscribers before 10:15 AEDT)
The Chartist reports that while the trend for the EURUSD remains negative, there is the possibility a bottom has been put in place.
The Fed minutes suggest QE3 may be a lot closer than thought. At least, that’s what it seemed a month ago. Dow down 30. (Accessible only for subscribers before 10:15 AEDT)
Anders Aslund suggests the Eurozone should avoid a breakup as the past three collapses of multi-nation currency zones in Europe have all ended in hyperinflation.
Wall Street pushed above its previous closing highs last night on more euro-speculation, only to trigger profit-taking. Dow down 68. (Accessible only for subscribers before 10:15 AEDT)
This week ATW’s Jerry Simmons fixes his sight on currency charts, seeing signs in currency movements that a global equities bull market may be nearing.
A headline starved market is grasping at anything confirmed or unconfirmed to provide clues at the point of index resistance. Dow down 3. (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.