The yen recommenced its slide last night with Wall Street closed, prompting another warning from the ECB. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Worse than expected GDP results out of Japan and Europe last night dampened the mood, but Wall Street just doesn’t want to go down in any big way. Dow down 9. (Accessible only for subscribers before 10:15 AEDST)
Wall Street eased a little last night, but all eyes are on the ASX 200 and its nemesis, the 5000 mark. Can it hold? Dow down 36. (Accessible only for subscribers before 10:15 AEDST)
Global currencies road a rollercoaster of confusion last night as the Dow again closed above 14k, up 46 points. (Accessible only for subscribers before 10:15 AEDST)
A brief look at important company events and economic data releases next week.
Wall Street stalled last night and Europe contemplated its fate while the Japanese stock market is off to a flyer. Dow up 7. (Accessible only for subscribers before 10:15 AEDST)
The Nasdaq looked ugly, but the S&P split the difference of another up-day for the Dow on solid data. Dow up 46. (Accessible only for subscribers before 10:15 AEDST)
CBA says it’s Japan’s account surplus, not a disappointing central bank monetary policy that is currently driving yen weakness and this provides opportunities.
The Bank of Japan played the compromise card yesterday while Wall Street begins to feel giddy in the rarefied air. Dow up 62. (Accessible only for subscribers before 10:15 AEDST)