With US valuations full and summer now arrived, Wall Street is vacating to the Hamptons. Dow down 9. (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.
Stocks took a breather on Wall Street last night but the inflation debate heated up as short-covering sent gold up 3.4%. Dow up 14. (Accessible only for subscribers before 10:15 AEST)
Janet Yellen has swung from “six months” to “it depends” when it comes to raising US rates, which is comfort for Wall Street. Dow up 98. (Accessible only for subscribers before 10:15 AEST)
A sharp jump in the US CPI makes tonight’s Fed meeting even more critical. Dow up 27. (Accessible only for subscribers before 10:15 AEST)
Michael Gable of Fairmont Equities this week suggests opportunities in knocked down retail names but warns against buying gold stocks just yet.
Global markets are focused on Iraq and awaiting this week’s Fed meeting. Dow up 5. (Accessible only for subscribers before 10:15 AEST)
Producers versus developers on ASX; Goldman’s key small ASX resources stocks; silver versus gold; Rio Tinto’s upside surprise potential; and more declines forecast for iron ore.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Iraq has now become a concern, sending US stocks down, bonds up, gold up and oil prices surging. Dow down 109. (Accessible only for subscribers before 10:15 AEST)