Heightened Russia-Turkey tensions triggered a very sharp short covering rally in commodities last night. Dow up 19. (Accessible only for subscribers before 10:15 AEST)
Wall Street is already in low volume mode ahead of the holiday as metals prices tumble further. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Attention has turned to beyond a December Fed rate hike, and the ever so slow tightening cycle thereafter. Dow down 4. (Accessible only for subscribers before 10:15 AEST)
The minutes of the last Fed meeting suggest a majority of FOMC members now favours a December rate hike. Dow up 247. (Accessible only for subscribers before 10:15 AEST)
The Chartist suggests that while Fortescue’s technical break-up is encouraging, it’s not time to go piling in just yet.
While stock markets surged across the globe yesterday and last night, a terror scare sat Wall Street back on its heels. Dow up 6. (Accessible only for subscribers before 10:15 AEST)
Global markets defied expectations of weakness overnight following the Paris attacks. Dow up 237. (Accessible only for subscribers before 10:15 AEST)
Sims Metal has issued a warning that first half earnings will only amount to break even. Brokers question the suddenness of the substantially weaker outlook.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.