This weekend’s elections in Europe could mark a turning point for the eurozone, and not for the best from a financial market perspective.
Statisticians suggest recent data highlights the US and European economies are moving further apart in growth terms.
Weak eurozone manufacturing and unemployment numbers ahead of this weekend’s French and Greek elections are cause for concern. Dow down 10. (Accessible only for subscribers before 10:15 AEDT)
After a strong run from before Christmas, Wall Street has closed flat for April as it consolidates to await the next drivers. Dow down 14 last night. (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.
BullionVault’s Ben Traynor thinks the Bank of England has done a good job in avoiding a liquidity crisis for its banks and this is boosting gold in Sterling terms.
A brief look at important company events and economic data releases next week.
Last night’s collapse of the Dutch government adds to French election concerns as suddenly the focus swings well and truly towards “good” Europe within the wider crisis. Dow down 109. (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.