Europe & UK

Wall Street didn’t like that Obamacare was upheld and couldn’t see any progress in Brussels until a late report turned around an otherwise steep loss. Dow down 24. (Accessible only for subscribers before 10:15 AEDT)

Kathleen Brooks of FOREX.com notes comments from German Chancellor Merkel indicate the EU crisis remains far from over.

Andrew Milligan, Head of Global Strategy at Standard Life, takes out the crystal ball to predict what the latest EU Summit might deliver.

Tonight’s EU summit already looks like being a stand-off, but it would not be advisable to go in short all the same. Dow up 92. (Accessible only for subscribers before 10:15 AEDT)

Tim Price of PFP Wealth Management suggests the UK also has financial issues as debt is continuing to grow, growth is absent and there are structural tax problems.

FOREX.com’s Kathleen Brooks explains why this latest European summit will be a major break-out event for the euro, one way or the other.

Wall Street stumbled along on local data news last night with the upcoming EU summit keeping traders poised. Dow up 32. (Accessible only for subscribers before 10:15 AEDT)

Spain has thrown in the towel and formally asked for a bail-out, joining Greece, Ireland and Portugal as the body count grows. Dow down 138. (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.