A stronger dollar, higher yields, lower oil price, weak earnings and political uncertainty all conspired to send Wall Street lower last night. Dow down 200. (Accessible only for subscribers before 10:15 AEST)
Russia has indicated it is willing to join in with OPEC production cuts, and has subsequently sent oil prices higher. Dow up 88. (Accessible only for subscribers before 10:15 AEST)
Market analysts at FXCM suggest gold may yet have further to fall.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
As always, Wall Street quietened down ahead of tonight’s jobs number. Dow down 12. (Accessible only for subscribers before 10:15 AEST)
Iron ore exports down in August; Deutsche Bank raises forecasts for bulks & base metals; gold outlook & US Fed; oil outlook & OPEC; BlueScope Steel.
The world is coming to terms with global tightening. Banks and oil stocks led Wall Street higher. Dow up 112. (Accessible only for subscribers before 10:15 AEST)
Hawkish talk from both the Fed and ECB sent gold plunging through support last night. Dow down 85. (Accessible only for subscribers before 10:15 AEST)
Wall Street stumbled into the fourth quarter under pressure from various issues yet to be resolved. Dow down 53. (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.