Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street really couldn’t find any reason to sell last night. Dow up 62. (Accessible only for subscribers before 10:15 AEST)
Price forecasts are cut for base metals as supply starts to exceed demand and BHP’s plans for coal production should limit price upside.
If you break it down, last night’s rally on Wall Street was all about that weak jobs number last week. Dow up 128. (Accessible only for subscribers before 10:15 AEST)
Tim Price of PFP Wealth Management ponders whether to stimulate or not stimulate, that is the question.
Traders suspect money is flowing out of Japan and into securities, including equities, in the US and Australia. Dow up 59. (Accessible only for subscribers before 10:15 AEST)
Wall Street was back in rally mode last night, as if Friday’s weak jobs number never happened. Dow up 48. (Accessible only for subscribers before 10:15 AEST)
Ahead of the Herd’s Rick Mills sees some very good reasons to continue holding silver and gold.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
The yen crashed 3% last night on announced stimulus, while Wall Street put on a brave face against more weak data. Dow up 55. (Accessible only for subscribers before 10:15 AEDST)