Global service sector PMIs have showed a downward trend over the past 24 hours, spooking Wall Street ahead of tonight’s jobs number. (Accessible only for subscribers before 10:15 AEDT)
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)
Wall Street was off to a flying start in May on manufacturing data, but as QE3 becomes more distant the rally yet again fades. (Accessible only for subscribers before 10:15 AEDT)
FNArena’s weekly update on short positions in the Australian share market.
Market analysts at FXCM suggest with gold holding above its April low the metal is forming a bullish base.
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)
Weekly update on recommendation, target price, and earnings forecast changes.
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.
Regis Resources reported solid production in the March quarter and continues to deliver an impressive track record as new projects are developed to boost output.