Round one went to Wall Street’s man Romney, but a bounce in oil and more confirmation from the ECB were also factors last night night. Dow up 80. (Accessible only for subscribers before 10:15 AEDT)
BullionVault introduces its Gold Investor Index, a monthly data point based on physical gold trading. So what does the first read have to say?
Analysts are starting to see a recovery in the iron ore market, oil price assumptions are revised, and sector stock preferences are updated.
A dire warning from Hewlett Packard and a technical breakdown in oil offset solid US economic data last night. Dow up 12. (Accessible only for subscribers before 10:15 AEDT)
BullionVault reports that the bull trend for Gold remains intact, but notes things aren’t quite a precious for silver.
Madrid has rejected the idea of a bail-out and Wall Street frets over the upcoming earnings season. Dow down 32. (Accessible only for subscribers before 10:15 AEDT)
A surprising turnaround in US manufacturing sent Wall Street flying until Bernanke cooled the mood. Dow up 77. (Accessible only for subscribers before 10:15 AEDT)
Falling confidence in sovereign obligations and a growing lack of trust in governments and banks means gold will soon become a core banking asset.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Spain’s budget cuts were well received, as was China’s big liquidity injection. Dow up 72. (Accessible only for subscribers before 10:15 AEDT)